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.