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The Corporate Transparency Act
February 25th, 2022
Do you own 25% of any entity, or directly or indirectly exercise substantial control over any entity? Have you or your attorney filed an application to form a corporation, limited liability company, or other similar entity? Have you bid on a government or federal project? Congratulations! You are now required to file a Beneficial Ownership Information Report (BOI). You may ask why? The government believes that “while such entities play an essen…
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