Despite Court Rulings, Most Businesses Must Comply with the CTA

CT Expert Insights

Το περιεχόμενο παρέχεται από το Wolters Kluwer. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Wolters Kluwer ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.

16d ago 8:12

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Expert Insights has a podcast series on helping business leaders understand how to comply with the Corporate Transparency Act (CTA) and its Beneficial Ownership Information reporting requirements.
In March, a federal judge in Alabama declared the CTA unconstitutional. So does this mean that non-exempt businesses are no longer required to comply? Absolutely not. CT Corporation Associate Director of Government Relations Mike Powell joins us to explain the court ruling and why it actually impacts very few businesses.
Powell also addresses concerns that the reporting requirements are overwhelming for some business owners and whether the government will be aggressively penalizing businesses that do not comply correctly.
For more information and resources: https://www.wolterskluwer.com/en/solutions/ct-corporation/resources/corporate-transparency-act-resources

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