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Business Groups Ask Treasury to Purge Beneficial Ownership Data

More than 100 trade associations are calling for the Treasury Department to purge the Corporate Transparency Act database of beneficial ownership information submitted by US businesses and business owners that are no longer required to file.

More than 100 trade associations are calling for the Treasury Department to purge the Corporate Transparency Act database of beneficial ownership information submitted by US businesses and business owners that are no longer required to file.
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Source: Bloomberg Tax News | Published: 2026-01-20T20:26:27Z

Credit: Bloomberg Tax News

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