Overview
Daniel J. Bell and Sebastian Orozco Segrera presented at the Chicago Family Office Forum on the panel, “Corporate Transparency Act – Understanding The New Reporting Obligations,” on November 9, 2023. The panel aimed to help family offices understand and comply with the Corporate Transparency Act (CTA) reporting requirements. The discussion covered the CTA reporting rules and applied them to practical examples that involved commonly used family office structures. Additionally, the panel provided an update on the most recent guidance that has been issued that impacts reporting considerations for family offices.