Is your business prepared? FinCEN’s BOI Reporting Rule requires certain companies to report company and beneficial owner information. Examples of reportable information include the business’s ...

For example, if an attorney completes a company ... There may be situations where a beneficial owner or company applicant has an ID without a picture—this can happen for religious reasons ...

DSTs can offer valuable estate planning benefits to beneficial owners as they allow an owner to easily divide their interest in the trust in any way they like. For example, they give an apartment ...

The agency responds no: "A change to the type of ownership interest a beneficial owner has in a reporting company — for example, a conversion of preferred shares to common stock — does not require the ...

The Rule also makes clear that someone can be deemed a beneficial owner even without holding an actual ownership interest in the reporting company. For example, a beneficiary of a trust is ...

or a person who “owns or controls at least 25%” of the company’s ownership interests, FinCEN says. Examples of beneficial owners are included in Chapter 2.3 of FinCEN’s Small Entity ...