What’s in a Name? New York Legislature Passes LLC Transparency Act – LLCs and Their Individual Beneficial Owners Must Prepare for Disclosure (and Corporate/Tax Lawyers Prepare for More Work to Avoid It)
By Helen D. (Heidi) Reavis and Michael D. Utevsky Headline The New York Legislature passed the LLC Transparency Act (the “Act”) (S.B. S995B) in June and if Governor Kathy Hochul signs the bill into law, domestic or foreign LLCs that are operating in New York will be required to disclose their beneficial...