Corporate Transparency Act 2024 Website Link. While this litigation is ongoing, fincen will continue to. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report information about the.
The corporate transparency act (cta) is a law designed to combat illegal activity by providing federal authorities with information about individuals who run u.s. This final rule represents the culmination of years of bipartisan efforts by congress, the treasury, national security agencies, law enforcement, and other stakeholders.