Support for Beneficial Ownership Transparency is widespread, crossing industries and the ideological spectrum. Here is a list of supporters.
Real estate associations sent a letter to the Senate and House Armed Services Committees, urging members to take up legislation ending anonymous companies in the must-pass National Defense Authorization Act.
A diverse coalition including business, law enforcement, faith, and national security groups sent a letter of support for including the Corporate Transparency Act in the National Defense Authorization Act for Fiscal Year 2021.
Anonymous companies allow counterfeiters and internet pirates to traffic and smuggle illicit goods — undercutting legitimate commerce, markets, and financial systems. Further, illicit trade threatens critical national industries and local economies, placing consumers at risk and harming the market reputational value of American brands and companies.
A new UN report exposes major shortcomings and systemic problems in the global framework to combat tax abuse, corruption, and money laundering.
A new investigation published by a global network of news outlets reveals major flaws in U.S. anti-money laundering safeguards.