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Key Contacts
Ken Witt, Scottsdale
Lisa Sarver, Omaha
Rick Lieberman, Scottsdale
Gil Rosenthal, Denver
The Company Transparency Act (“CTA”) turned efficient on January 1, 2024.
This federal laws would require many current and newly created corporations to report intensive details about their “helpful house owners” and “firm candidates” to the Treasury Division’s Monetary Crimes Enforcement Community (“FinCEN”). Compliance with the CTA is the duty of reporting corporations which are topic to the CTA. Reporting corporations that fail to adjust to the CTA are topic to substantial civil and prison penalties. All reporting corporations ought to be taking steps to adjust to the reporting necessities by the relevant deadline.
Kutak Rock is right here to assist purchasers navigate the CTA compliance course of. You probably have any questions on how the CTA will have an effect on what you are promoting, please contact your Kutak Rock lawyer or a key contact on the CTA Shopper Service Group on the high of this web page.
See under for CTA associated information and publications, which will likely be up to date in actual time.
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