20 Apr 2021
Making Clear, Clear: What You Need to Know About the Corporate Transparency Act
The Corporate Transparency Act (CTA), enacted by Congress in January 2021, imposes beneficial ownership reporting requirements on certain U.S. companies. Failure to comply with the CTA can result in various penalties for companies found to be in noncompliance. To get an overview of the CTA’s reporting requirements and who must comply with such requirements, check out this article by Carl A. Valenstein and Jose T. Robles Jr. from Morgan, Lewis & Bockius LLP.
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Practical Guidance Updates
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- The Practical Guidance Journal Spring 2021 Edition
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