Corporate Transparency Act 2024 Full Text And Cases. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report information about the individuals who ultimately own or control them. This article provides a general overview of the corporate transparency act,.

The cta was enacted in 2021 to combat illicit activity including tax fraud, money laundering, and financing for terrorism by. Discusses the decision in nat’l small bus.