Corporate Transparency Act 2024 Registration Status. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report. The bipartisan corporate transparency act, enacted in 2021 to curb illicit finance, requires many companies doing business in the united states to report.

The cta aims to help increase transparency and accountability in corporate ownership and prevent the misuse of anonymous entities for illegal purposes. The justice department, on behalf of the department of the treasury, filed a notice of appeal on march 11, 2024.