Corporate Transparency Act 2024 Registration Department. Tax fraud, money laundering, and even funding terrorist and organized criminal groups remain persistent plagues in the corporate environment. Under the corporate transparency act (cta), which went into effect on january 1, 2024, many u.s.

On november 29, the us treasury department’s financial crimes enforcement network (fincen) issued a final rule extending the corporate transparency act (cta). Fincen began accepting reports on january 1, 2024.