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Nonprofits and beneficial ownership?

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If our customer is a nonprofit organization, do we complete beneficial ownership certification?

No. You only complete the certification on nonprofit corporations. This will usually be your churches, civic organizations. You will not have any 25% owners listed, the control prong is the only prong you complete.


Learn more about Deborah Crawford webinar 25 Errors on Beneficial Ownership Certification of Legal Entities

First published on 10/11/2020

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