11/2023 Publications

FinCEN Identifier Rules (For Entities) Finalized With Modest Changes

Tax Notes Article

Severiano Ortiz is quoted in an article related to finalized FinCEN Identifier regulations related to the Corporate Transparency Act. The final regulations clarify the proposed regs by referring to the entity whose FinCEN identifier is used by the reporting company as “another entity” or “the other entity.” The final regulations also clarify that it is an individual’s ownership interest in another entity that permits the use of the identifier. Tax Notes. November 8, 2023. Download