Corporate Transparency Act 2024 Format. On january 1, 2024, the new requirement to file a beneficial ownership information (boi) report with the financial crimes enforcement network (fincen) went. The corporate transparency act (cta) requires “reporting companies” to file a report with the department of treasury’s financial crimes enforcement network (fincen) containing personal identifying information.
The corporate transparency act (cta), enacted in 2021, was passed to enhance transparency in entity structures and ownership to combat money laundering, tax fraud, and. Beneficial ownership information reporting rule fact sheet.