Event highlights new reporting requirements for Beneficial Ownership Information
Experts from Wolters Kluwer CT Corporation will offer insights in preparing for and complying with new “beneficial ownership” reporting requirements that go into effect January 1, 2024 in a webinar, “Preparing for the Corporate Transparency Act.” The webinar takes place from 1-2 pm EST Wednesday, November 15.
The new reporting requirement will require millions of businesses to file a Beneficial Ownership Information (BOI) Report with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN). The new rule is part of the Corporate Transparency Act (CTA), with FinCEN issuing the regulation and providing the details on who must file a BOI report, when the report has to be filed, and what information has to be reported.
Attendees will learn about the Corporate Transparency Act and who needs to report beneficial ownership information, when and what information needs to be prepared by impacted businesses, and details on CT Corporation’s Beneficial Ownership platform, which will be available directly from Wolters Kluwer as well as through partners to help impacted businesses ensure compliance with the reporting requirements.
Wolters Kluwer presenters include CT Corporation’s Anirudh John, Product Management Associate Director, and Beverly Odom, Transactional Business Consultant.
More information on navigating the new beneficial ownership rule is available by visiting the CTA Resources page.
