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Corporate Transparency Act Is Unconstitutional, Says Federal Court

A federal court recently ruled that the Corporate Transparency Act (CTA) is unconstitutional. In a lengthy opinion issued on March 1, the US District Court for the Northern District of Alabama explained that the CTA may be a...more

Corporate Transparency Act: Reporting Beneficial Ownership Information During an Ownership Dispute

On January 1, the Corporate Transparency Act (CTA) went into effect. Among other things, the CTA requires entities organized under state law (“reporting companies”) to provide certain ownership information to the Financial...more

The Corporate Transparency Act Is Coming Soon: Are You Prepared?

As we highlighted in the Family Office Newsletter’s pages in June, the Corporate Transparency Act (CTA) is slated to go into effect on January 1, 2024. Under the law, many newly formed and existing entities organized under...more

The Corporate Transparency Act: What Family Offices Need to Know

Family offices routinely create, manage, and invest in multiple entities, including corporations, limited liability companies, and partnerships. For entities formed or operating in the United States, there has never been a...more

FinCEN Issues Final Rules & Regulations for CTA

Knowing who owns legal entities is essential to stopping terrorism, money laundering, and other sophisticated criminal enterprises. For entities formed in the United States there has never been a requirement to disclose...more

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