The Corporate Transparency Act and the Impact on M&A in the U.S.

2024 ushered in a seismic shift for mergers and acquisitions (M&A) in the U.S. with the implementation of the Corporate Transparency Act (CTA). Aimed at cracking down on the misuse of shell companies and promoting ownership clarity, the act demands detailed disclosures to the Treasury Department’s FinCEN, impacting an estimated 30 million entities. The term “Reporting […]