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The Corporate Transparency Act: A Primer for In-House Counsel

White Collar Briefly

The Corporate Transparency Act: A Primer for In-House Counsel

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Perkins Coie Partner Jamie Schafer and Senior Counsel Jim Vivenzio provide an overview of key provisions of the Corporate Transparency Act, including the "beneficial ownership" reporting requirements, timeframes for filing and reporting logistics, and liability considerations for companies and senior officers. 

The presentation provides practical takeaways for in-house counsel along with discussion of common challenging scenarios and nuances as to application of the exemptions and identification of "beneficial owners" under the rule. Participants also received Perkins Coie's CTA Quick Tips Sheet and How-To guides for obtaining identification numbers (FinCEN IDs) and filing Beneficial Ownership Information Reports under the CTA. 

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