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8 beneficial owners in 2024? Really?

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Question: 
Can there be 8 beneficial owners in 2024?
Answer: 

Yes, one of the new FAQs suggest 4 equity owners and 4 control persons which brings that example to 8. www.fincen.gov/boi The number can vary depending on equity owners and those that control the business.

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First published on 06/18/2023

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