U.S. FinCEN Provides New Beneficial Ownership Reporting FAQs in Relation to Tax Identification Numbers
The U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) has published new and updated FAQs on the beneficial ownership reporting requirements that apply from 1 January 2024. The new and updated FAQs, issued on 24 July 2024, concern the type of tax identification number that should be reported by a reporting company that is disregarded for U.S. tax purposes and obtaining a …
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