US passes ‘historic’ anti-corruption law that effectively bans anonymous shell companies

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The new law prevents criminals from hiding money in US banks

The Independent would like to keep you informed about offers, events and updates by email, please tick the box if you would like to be contactedThat will now change. The new Corporate Transparency Act, passed with bipartisan support, requires anyone forming a company in the US to provide their name, date of birth, unique identification number and other information.

 

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Joe Biden goes to recover PUBLIC MONEY STOLEN by tax evasion to finance NEW product & organizational MODELS: health-spatial & town planning-direct & economic democracy-social ecology-education American Congress estimates the amount of TAX EVASION in USA at $ 3ooo billion by YEAR

It would good if it happened here. It won't because to would upset so many Tory donors.

myob2016 The US under Biden may decide that all its trading partners do likewise..

Would never happen in the U.K. - at least America jails some fraudsters Stanford, Madoff etc - in the U.K. all you get is your knighthood rescinded!

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