As of June 13, 2019, the Canada Business Corporations Act ("CBCA") requires certain federal corporations to keep a register of individuals with "significant control" of the corporation (the "ISC Register"). The ISC Register is intended to provide greater transparency about who owns and controls a corporation. The goal is to help law enforcement agencies expose activities like money laundering and tax evasion.
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The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
