Corporate Transparency Act Webinar
NSSGA hosted a Corporate Transparency Act (CTA) Briefing with Taft partners Ian Arnold and Jason Covert on Tuesday, June 25. The CTA was enacted by Congress on January 1, 2021 to combat financial crimes, including money laundering, terrorist financing and tax evasion. Pursuant to the Department of the Treasury's rules, effective January 1, 2024, with limited exceptions, any entity formed in the U.S. or any foreign entity qualified to do business in the U.S. will be responsible for compliance with the CTA.