The Financial Crimes Enforcement Network has issued an interim final rule that removes the obligation for U.S. companies and U.S. persons to report beneficial ownership information (BOI). Now, only foreign entities registered to do business in the U.S. must comply, but they are not required to report U.S. persons as beneficial owners.
American Bar Association Features Blog by Gawthrop Greenwood Attorney
The American Bar Association Journal is featuring a blog co-authored by Gawthrop Greenwood attorney Stephen Olsen.
Procedurally Taxing has been chosen as the blog of the week by the ABA Journal, the flagship magazine of the American Bar Association. The blog covers tax procedure and tax administration developments of interest to practicing lawyers and academics. It is co-authored by Leslie Book, a professor at Villanova University School of Law and T. Keith Fogg, a professor at Harvard Law School, as well as Stephen J. Olsen, who practices tax planning and controversy matters for Gawthrop Greenwood.