Wolters Kluwer Experts to Provide Insights on U.S. Corporate Transparency Act Compliance

Webinar focused on exploring CTA beneficial ownership reporting for trusts, nonprofits, startups and subsidiaries

MINNEAPOLIS--(BUSINESS WIRE)--Experts from Wolters Kluwer CT Corporation are set to offer insights on how new beneficial ownership reporting requirements under the U.S. Corporate Transparency Act (CTA) are impacting U.S. trusts, nonprofits, startups and subsidiaries in a webinar Thursday, May 2, 1-2 pm EDT. The event will outline the types of entities subject to the CTA, disclosure requirements, and guidance for navigating the CTA compliance landscape.

“With the Corporate Transparency Act now fully in effect, we have received hundreds of questions from customers on the CTA's deeper implications for certain business entities and transactions. Our presenters will discuss these issues in detail to help impacted businesses comply with the new reporting requirements,” said Rupak Venugopal, Vice President, Beneficial Ownership, Wolters Kluwer Financial & Corporate Compliance.

Presenters include two experts from Wolters Kluwer CT Corporation - Sandra Feldman, Publications Attorney, and Anirudh Koshi John, Associate Director of Product Management. Their presentations will cover key compliance aspects of beneficial ownership reporting, including guidelines for trusts, challenges and considerations for startups, nonprofit exemptions, and reporting implications for subsidiaries.

Feldman and John will also preview the functionality driving CT Corporation’s Beneficial Ownership Premium Platform, which features a secure, streamlined workflow to simplify filing and compliance for both single entity as well as multiple entity filers. The intuitive, five-step workflow dramatically increases efficiency, reduces the risk of incorrect filings, and offers a secure hosting environment for uploading, storing, and updating beneficial ownership information.

Wolters Kluwer has created a range of helpful resources—such as an easy-to-use self-guided eligibility quiz, webinar presentations, and content—to help drive engagement with beneficial owner reporting and ensure impacted entities can effectively prepare for and navigate the new requirements to meet their initial and ongoing compliance obligations. More information is available on the dedicated Wolters Kluwer resource page, “Beneficial Ownership Information Compliance from CT Corporation.”

For more information about Wolters Kluwer, please visit: www.wolterskluwer.com.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2023 annual revenues of €5.6 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,400 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.