Updated Guidance Issued on the Valuation of Agricultural Property in Kentucky

Under the Corporate Transparency Act (the “CTA”) as enacted and as reflected in the Reporting Rules adopted in 2022, almost every LLC, corporation, and similar business organization in the United States is subject to beneficial ownership reporting requirements. A crucial mechanism for ending those reporting requirements is the ap­plication of an exemption written for “inactive […]

Introduction Under the federal Corporate Transparency Act (the “CTA”)[2] and the related Reporting Regulations,[3] most business organizations created in the United States[4] are subject, absent the availability of one or more of twenty-three exemptions,[5] to beneficial ownership reporting obligations.[6] Now “most” is not all, so it is important to distinguish between those organizations that at least initially are subject to […]

On April 2, 2025, after the close of the markets in the U.S., the Trump Administration declared it was “Liberation Day” and imposed nearly global tariffs in an amount and breadth unprecedented in the modern era. Some commentators opine that it is the most aggressive use of tariffs since the Smoot Hawley tariffs of 1930, […]