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  • Elizabeth A. McMorrow

FinCEN Updates CTA / BO Penalties

FinCEN issued a final rule on January 25, 2024, to reflect annual inflation adjustments to civil monetary penalties within its jurisdiction. Two of the penalty increases relate specifically to the Corporate Transparency Act (CTA) / Beneficial Ownership Information (BOI). These items are shaded in grey.





For assistance, please contact me via my contact page or at elizabeth@elizabethmcmorrowlaw.com.


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Bahamas & BVI FATCA CRS Updates

BVI Posted CRS Video The British Virgin Islands International Tax Authority (BVI ITA) posted the video from its live February 2024 program for investment entities subject to the Common Reporting Stand

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