Corporate Transparency Act 2024 For Hoa. Although many concluded that the corporate transparency act (“cta”) applies to homeowners associations, we now have verification of this. As of today (september 3, 2024), the corporate transparency act (“cta”) (see what is the corporate transparency act and why it matters to your association and board.
Enacted in 2021, the cta mandates that (almost all) homeowners associations (hoas) and other small businesses disclose information about their beneficial owners. The corporate transparency act (“cta”) was originally enacted in 2021 for the purpose of preventing money laundering, tax fraud, and other similar activities, by requiring.
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