Corporate Transparency Act

The Corporate Transparency Act (CTA) will soon take effect and aims to combat money laundering, tax fraud and other illicit activities by enhancing transparency among small businesses.

This year, many companies and business entities in the U.S. will need to report information about their beneficial owners to the Financial Crimes Enforcement Network (FinCEN).

You may ask yourself how seriously should you take beneficial ownership reporting?

Find out more in the research our Annex team of experts have compiled just for you.