The Corporate Transparency Act
Previously on the SKO website I published an introduction to the Corporate Transparency Act (the "CTA") and its requirements that most small businesses report to a new federal database information on “beneficial owners.” HERE IS A LINK to that introduction.
Last Friday a significantly longer and more detailed review to the CTA and its challenges was published by Business Law Today, a publication of the Section of Business Law of the American Bar Association. That article, authored by Scott Ludwig, Laurie Smiley, Bob Downes and myself, is titled The Corporate Transparency Act – Preparing for the Federal Database of Beneficial Ownership Information; HERE IS A LINK to that article.
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