FinCEN BOI FAQ C.4

Is a trust considered a reporting company if it registers with a court of law for the purpose of establishing the court’s jurisdiction over any disputes involving the trust?

Year: 2023Length: 31 wordsOfficial source

Cite as FinCEN Beneficial Ownership Information FAQ C.4 (Reporting Company)

No. The registration of a trust with a court of law merely to establish the court’s jurisdiction over any disputes involving the trust does not make the trust a reporting company.
FinCEN BOI FAQ C.4: Is a trust considered a reporting company if it registers with a court of law for the purpose of establishing the court’s jurisdiction over any disputes involving the trust? | Justis AI