WITH VETO-PROOF MAJORITY, US SENATE SENDS LANDMARK BILL ENDING ANONYMOUS COMPANIES TO PRESIDENT’S DESK

On 11 December, the lobby group FACT issued a news release saying that, with a veto-proof majority of 84 to 13, the US Senate has passed historic legislation to end the incorporation of anonymous companies in the US.  The Corporate Transparency Act, which is included in the annual “must-pass” defence Bill known as the National Defense Authorization Act, was previously passed by the House of Representatives also by a veto-proof majority.

https://thefactcoalition.org/with-veto-proof-majority-senate-sends-landmark-bill-ending-anonymous-companies-to-presidents-desk/

FACT also supplied a factsheet on the Act –

https://thefactcoalition.org/fact-sheet-a-brief-summary-of-the-corporate-transparency-act-of-2019-title-lxiv-of-the-ndaa-h-r-6395/

I had omitted the following link (as it did not seem to generate much interest!), but it seemed time to add it again and say that, if you would like to make a (polite) gesture and help me with my removal and computer costs, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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