US Corporate Transparency Act adds to taxpayer compliance burden

Danish Mehboob

March 26 2021

Tax professionals suggest developing countries could follow US and EU beneficial ownership registry rules

In-house tax directors and their advisors expect a higher compliance burden by January 2022 as the Corporate Transparency Act (CTA) introduces beneficial ownership reporting rules in the US. Tax professionals suggest that developing countries could follow suit.

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Danish Mehboob

Senior Reporter ITR

Danish reports on all matters of direct tax and BEPS. He covers a range of tax issues in these areas and what multinationals are doing to manage the tax burdens. Danish also specialises in tax technology and data management.

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