Corporate Transparency Act Faces Hurdles in Accomplishing Critical Mission
Photo by Charles Forerunner on Unsplash The corporate form has been credited with accelerating the modern economy—domestically and abroad. Through its mechanisms, shareholders can passively invest in the corporation without fear of liability, theoretically allowing for a more efficient allocation of capital. The more investment that flows into corporations, the more businesses expand, jobs are created, and economies thrive. However, as corporate law has evolved and morphed over the decades,...