<p>A final rule from the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) requires certain business entities, including small businesses that have established limited liability companies (LLC) or other corporate entities covering aircraft ownership and/or registration, to file certain reports with FinCEN. Reports identify two categories of individuals: the beneficial owners of the entity, and individuals who have filed an application with specified governmental authorities to create the entity or register it to do business. These requirements are intended to help prevent and combat money laundering, terrorist financing, corruption, tax fraud, and other illicit activity while minimizing the burden on entities doing business in the U.S. The new rules become effective on Jan. 1, 2024.</p>


U.S.: Business Report Filing

2024 Corporate Aviation Leadership Summit

U.S.: Business Report Filing

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