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On LawNext: The New Beneficial Ownership Reporting Requirement and How Legal Tech Can Help Companies Comply
The arrival of 2024 brought a new reporting requirement for more than 32 million smaller companies in the United States. The new requirement, which came about as part of the federal Corporate Transparency Act of 2021, means that many companies will now have to report information about their beneficial owners — the individuals who ultimately...
Bob Ambrogi