Corporate Transparency Act 2024 Paperwork. 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. A new federal law, the corporate transparency act (“cta”), took effect on january 1, 2024, imposing a new filing requirement on many business entities with the goal of.
After nearly two years of buildup, certain reporting companies will be required to comply with the corporate transparency act (cta) starting january 1, 2024. 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.