Mississippi

Corporate Transparency Act Update

As we complete the first quarter of 2024, business entities in the United States (including those involved in the gaming industry) should be familiar with their obligations under the Corporate Transparency Act (CTA), which is part of the 2021 National Defense Authorization Act. The CTA requires entities organized by a filing under state or tribal … Continue Reading

Beneficial for Whom? Requirement to Provide Beneficial Ownership Information for Business Entities Begins January 1, 2024

On January 1, 2024, the Corporate Transparency Act, a US federal law, will begin requiring certain corporations and limited liability companies to disclose their beneficial ownership information to the Financial Crimes Enforcement Network (FinCEN), a bureau of the US Department of the Treasury. The corporate ownership structures of many gaming companies, particularly those that utilize … Continue Reading
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