Corporate Transparency Act 2024 Hoa Regulations. The corporate transparency act (“cta”) was originally enacted in 2021 for the purpose of preventing money laundering, tax fraud, and other similar activities, by requiring corporations in the united states to file reports with the. Fincen began accepting reports on january 1, 2024.

Fincen began accepting reports on january 1, 2024. The corporate transparency act (cta) specifies that a company may qualify for the large operating company exemption based on a federal income tax or information return.