Don't get all up in arms just yet on this one. There have been lawsuits filed, a judge has ruled this unconstitutional, it isn't over yet. https://www.overdriveonline.com/reg...-ownerreporting-system-unconstitutional-court
Meh, Glen Beck parlays a kernel of truth into click baiting catastrophism....yet again. After all it is his business model. FYI: The Corporate Transparency Act Is Unconstitutional—But Not for You U.S. Beneficial Ownership Information Registry Now Accepting Reports | FinCEN.gov Exemptions: Penalties: Note the words Willfully, false and fraudulent. Of course they are words that are frequently to be found in Donald Trump's business entities' civil fraud prosecutions in recent years. Navigating the US Corporate Transparency Act: new reporting rules for US companies and Australian companies registered to do business in the US Apparently knowing who has beneficial interests is concerning to corporate cockroaches who don't want a regulatory spotlight shined on them, such as money launderers, or foreign interests, which don't have America's best interests at heart. Just sayin'.
