Description

This presentation explains the background of the Corporate Transparency Act, who the new law applies to, what is required under the law, and additional commentary on some particular aspects of the law and how Carlile Patchen & Murphy LLP and other law firms are navigating these new issues. The presentation will explore the following topics: Background of the Corporate Transparency Act – purpose and scope Applicability of the law Exclusions from the law Requirements for reports Deadlines for reporting Penalties for non-compliance Thoughts from the legal field – policy and other considerations