Updated over 1 year ago on . Most recent reply
CTA - BOI Report and Child LLC's
Under the Corporate Transparency Act, LLC's are required to file a Beneficial Ownership Information (BOI) Report. When a child LLC (disregarded entity) is used to hold each property, and all of the tax reporting is done on the tax return of the parent entity, does each individual child LLC need to file the BOI Report, or only the parent LLC? There seems to be some disagreement about that. Does anyone have specific reference that gives clarity to this situation?