David Weiss

Nov 26, 2024 | jdsupra.com | Addison Hutcheson |David Weiss |Virginia Wilson

The reporting requirements of the Corporate Transparency Act (CTA), included as part of the Anti-Money Laundering Act of 2020, went into effect on January 1, 2024, and certain deadlines of January 1, 2025, are fast approaching.

Oct 9, 2024 | jdsupra.com | David Weiss |Virginia Wilson

The reporting requirements of the Corporate Transparency Act (CTA), included as part of the Anti-Money Laundering Act of 2020, went into effect on January 1, 2024, and certain deadlines of January 1, 2025, are fast approaching.

Dec 27, 2023 | jdsupra.com | David Weiss |Virginia Wilson

Beginning January 1, 2024, certain legal entities and their beneficial owners will face significant new reporting requirements in the United States.  Under the Corporate Transparency Act (including the corresponding rules, the “CTA”), key identifying information must be reported to the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and will be used to establish a secure, nonpublic database of the beneficial ownership of reporting companies.