CYA for the CTA (Corporate Transparency Act)

Established to assist with the government’s fight against fraud, drug trafficking, tax evasion, organized crime and other illicit activities, the Corporate Transparency Act (“CTA”) imposes significant new obligations on newly formed and existing entities.

This one-hour webinar will provide an overview of the CTA, including a description of which entities are required to file beneficial ownership information (“BOI”) reports, who constitutes a company applicant or beneficial owner whose information must be included in a BOI report, what information is required to be disclosed in a BOI report, when entities are required to file their BOI reports, and the consequences of failing to file a BOI report. Additionally, this program will highlight certain critical areas in which entities and those who advise them should take care not to run afoul of the CTA’s requirements.

Who Should Attend?

This program is geared toward owners of entities who may be subject to the CTA and those who provide professional services to such entities, such as accountants, financial advisors, investment bankers, commercial bankers and attorneys.

One (1) credit of CLE pending in NE, IA, CO, AR, KS, GA, FL and MO.
One (1) credit of NE CPE pending. 
* CLE or CPE credit may be available in states other than those listed above. Kutak Rock is pleased to offer a certificate of attendance, as well as an agenda and/or program details, to assist attendees in receiving CLE or CPE credit for this session. Please check with your respective bar associations or boards for final determination of CLE or CPE approval in other states. 

Agenda:

11:00 AM | Introduction
Jeff Makovicka

11:05 AM | What is the CTA? 
Caitlin Gustafson, Ed Gonzales

• What is a reporting company and who is exempt?
• Who is a “company applicant”?
• Who is a “beneficial owner”?
• What are the reporting requirements?
• What are the consequences of failing to report?

11:35 AM | Panel Discussion: Where do you need to CYA?
Moderator: Jeff Makovicka
Panelists: Mike Alvano, Gil Rosenthal, Lisa Sarver, Ken Witt

• Is your entity really exempt?
• Have you properly identified all of the beneficial owners?
• Is CTA compliance a one-time event?
• Could there be consequences beyond FinCEN penalties?
• How do you address the issues presented by complex organizational structures?

12:00 PM | Q&A