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U.S. Treasury Considering New Rules on Beneficial Ownership

|Proposed Changes|United States
United States

In a recently published letter (dated 7 April 2016), U.S. Department of the Treasury’s Deputy Under Secretary for Legislative Affairs Anne Wall responded to a letter from Senate Finance Committee member Ron Wyden, D-OR on issues related to terror financing and tax evasion, including the lack of transparency on beneficial ownership.

In the letter, Deputy Under Secretary Wall stated that Treasu…

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