The Corporate Transparency Act 2024 Summary. It’s estimated that this regulation will affect more than 35 million existing businesses and 5 million new businesses each year. A boi reporting revenues are expected to reach about $6.4 billion in 2024 ahead of the jan.
Read our article for insight on the corporate transparency act and what entities are subject to reporting requirements. This article has set forth the exemptions that are available under the corporate transparency act and the regulations issued by the financial crimes enforcement network.
