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May 8, 2023

Commercial Observer

The Corporate Transparency Act (CTA), which takes effect January 1, 2024, will create mandatory paperwork for virtually every company in commercial real estate.

In a feature for the Commercial Observer, Stroock Partners Bradley Kulman and Karen Scanna discuss what companies can expect once the CTA becomes law.

In a question-and-answer format, they cover:

  • The Corporate Transparency Act, its main purpose and important deadlines.
  • The requirements companies will need to adhere to and the penalties for those who don’t comply.
  • How a company can determine if they are exempted.
  • How affected companies should prepare for this, particularly those that have complex organizational structures.
  • How newer companies that are just forming can position themselves to handle all of the reporting requirements.

Read the full article here. (Subscription Required)

May 8, 2023

Commercial Observer

The Corporate Transparency Act (CTA), which takes effect January 1, 2024, will create mandatory paperwork for virtually every company in commercial real estate.

In a feature for the Commercial Observer, Stroock Partners Bradley Kulman and Karen Scanna discuss what companies can expect once the CTA becomes law.

In a question-and-answer format, they cover:

  • The Corporate Transparency Act, its main purpose and important deadlines.
  • The requirements companies will need to adhere to and the penalties for those who don’t comply.
  • How a company can determine if they are exempted.
  • How affected companies should prepare for this, particularly those that have complex organizational structures.
  • How newer companies that are just forming can position themselves to handle all of the reporting requirements.

Read the full article here. (Subscription Required)