How Minnesota Companies Will Need to Comply with The Corporate Transparency Act

In an attempt to thwart money laundering, terrorism financing, and other illegal corporate activity that is sometimes hidden behind so-called “shell” companies, in 2022 Congress passed the Corporate Transparency Act, 31 U.S.C. § 5336 (2022) (“CTA” or the “Act”). The CTA will require most smaller corporations and limited liability companies (“LLCs”) registered in Minnesota and […]

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