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Beneficial Ownership Transparency in Corporate Formation, Shell Companies, Real Estate, and Financial Transactions

Published Jul 8, 2019Updated Jun 21, 2025

The Congressional Research Service is a nonpartisan policy and legal analysis arm of the Library of Congress. CRS reports are written for members of Congress and their staff, not the public — but they’re made available openly through Congress.gov.

Beneficial Ownership Transparency in Corporate Formation, Shell Companies, Real Estate, an… — Informed