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30: What Will the Corporate Transparency Act Mean for Your Business?


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Unless you are an exempt entity, the new Corporate Transparency Act (CTA) will require you to disclose the beneficial owners of your company to the United States government. Businesses will not be required to do so, however, until the U.S. Department of Treasury issues regulations. What is required, who is exempt, and what will compliance look like for companies and the attorneys and accountants who form them?

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