Corporate Transparency Act 2024 Format
Corporate Transparency Act 2024 Format. The corporate transparency act (cta) became effective january 1, 2024. The cta was enacted in 2021 to combat illicit activity including tax fraud, money laundering, and financing for terrorism by capturing more.
Beginning january 1, 2024, the federal corporate transparency act (cta) will require “reporting companies” to report personal information (“beneficial ownership. The corporate transparency act (cta) became effective january 1, 2024.