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#2141862 - 08/14/17 02:51 PM CTR - Commingling
Jennifer Offline
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Jennifer
Joined: Dec 2014
Posts: 192
FIN-2012-G001

Making sure I am interpreting this accurately:

If a business has common owners and do NOT commingle funds and do not share employees - we do not aggregate the transactions for CTR reporting. Correct?

Does it matter that the same employee (perhaps an owner) brings in $30,000 in cash for all of the businesses owned?

Is the same transactor taken in affect?

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#2141877 - 08/14/17 03:40 PM Re: CTR - Commingling Jennifer
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
Always. Anytime one person conducts transactions exceeding $10,000, it triggers a CTR.
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