You Can Run But You Can’t Hide: The Corporate Transparency Act
By EsqSocial Corporation 27/01/21
In December 2020, as part of the larger National Defense Authorization Act, the Corporate Transparency Act (the “Act”) was enacted. The Act requires that anonymous shell companies, most notably limited liability companies and partnerships, disclose their ultimate beneficial ownership and control in an effort to combat corruption, money laundering and financing of terrorism, among other things, in the United States....
By: Cadwalader, Wickersham & Taft LLP