BOIR exemption

The exemptions for ....investment and securities entities... reflect their existing comprehensive regulatory frameworks.

Welcome to the first installment of our four-part blog series on the exemptions from the Beneficial Ownership Information Report (BOIR) filing requirements. This series will explore the reasons behind the 23 specific exemptions, starting with Regulatory and Financial entities. Introduction The BOIR, established by the Financial Crimes Enforcement Network (FinCEN)

In a recent opinion piece by Josh Hammer on Newsweek titled “The Corporate Transparency Act Means Jail Time for Small Business Owners,” there’s a strong critique of the Corporate Transparency Act (CTA) and the associated Beneficial Owner Information Report (BOIR). Hammer argues that the CTA places undue burdens on

With yet another government-mandated compliance program, many small business owners, myself included, hope they aren't required to file. The thought of navigating through new FinCEN rules can be daunting; the regulations are lengthy, dense, and packed with arcane legal jargon that can be challenging to navigate and comprehend

Understanding the 23 Exemptions from BOIR Filing: Part 4 - Miscellaneous and Large Operating Entities Welcome to the fourth and final installment of our blog series on the exemptions from the Beneficial Ownership Information Report (BOIR) filing requirements. In this post, we will focus on the miscellaneous entities and large