Treasury Secretary Janet Yellen on Corporate Transparency

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  • Опубліковано 20 гру 2023
  • Learn more about beneficial ownership information reporting requirements at www.fincen.gov/boi
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КОМЕНТАРІ • 49

  • @ldee783
    @ldee783 2 місяці тому +19

    EIN numbers, social security numbers, filings with the secretary of states, tax records, the government has all of this information already. This is just another thumb on the neck of small business owners. Why do we get all of the headaches.

    • @stvrob6320
      @stvrob6320 Місяць тому +2

      They have all that information but they are so disorganized they can't put their hands on it.

  • @user-nc8ju7gx9j
    @user-nc8ju7gx9j 6 місяців тому +44

    Notice that Yellen says nothing about the burden such reporting places on businesses, especially small businesses. And I fear this is just a starting point for an eventual mandatory fee-based revenue source for the US Government. Most cities require businesses to apply for a license and/or registration already to conduct business. Why don't they just use this information? Mind boggling.

    • @user-jg9xn2jq7n
      @user-jg9xn2jq7n 6 місяців тому +9

      Its to reel us in for more taxes. The secretary of state has all the information they need.

  • @Mr_Real_Estate
    @Mr_Real_Estate Місяць тому +6

    We need transparency of our government. You give, we give.

  • @JBritt1997
    @JBritt1997 6 місяців тому +16

    Don't these companies file taxes? If Criminals can hide from taxes, what makes you think they won't lie about registration? Just another regulation for small business to become accountable to the Federal Government or incur fines.

    • @stvrob6320
      @stvrob6320 Місяць тому

      It is possible that FinCEN has no legal access to tax documents. In the past the IRS has taken their confidentiality agreements with taxpayers seriously. Not sure if that is still the case.

  • @ParisianThinker
    @ParisianThinker 5 місяців тому +11

    Why only small business?

    • @herbescentorganics
      @herbescentorganics Місяць тому

      They are trying to eliminate all small businesses, not sure why ??? We are the back bone of society and they are breaking the camels back. Build the wall and keep the illegals out if you want to prevent dirty money from sex trafficking etc. We are not responsible for illegal activities that the government has been allowing for many years now with wide open borders. Small businesses are NOT the problem, look elsewhere to solve these problems because we are NOT the problem. Government can't see the forest for the trees. What is the real reason for this?

    • @stvrob6320
      @stvrob6320 Місяць тому

      Larger businesses have had this requirement under different rules for years. That being said, it seems their threshold for the large company exemption might have left out some businesses that fall in between.

  • @1972joec
    @1972joec 7 місяців тому +23

    Keep forcing new rules saying transparency but I noticed all types of financial institutions are exempt. why is that? Secondly, I guess it’s time to try and pay the government bills from all these free programs to assist people that are not even citizens of United States. Wow, it gets better and better. I guess it time to really learn Common Law.

    • @agirlnamedgoo-007
      @agirlnamedgoo-007 16 днів тому

      Yea... "we hate criminal money launderers, so all you small business people, file this new form! but all the money lenders, you're exempt." Mhm, totally makes sense. No corruption to see here.....

  • @VanceWorldTravel
    @VanceWorldTravel 6 місяців тому +12

    I am not a criminal, I am pretty sure (sarcasm) that the Constitution says you have to prove I am before I am forced to comply. I don't feel I need to register with you to prove that I am not a criminal. I hope someone bigger than me has the financial resources to fight this.
    It's going to be 1930's Germany when I have to post my papers in the window of my business, and provide them to the government upon request. No thank you.

  • @bobiel9048
    @bobiel9048 6 місяців тому +3

    4 stages to improve any Process:
    Communication -> Documentation -> Visibility -> Collaboration

  • @etb_27
    @etb_27 2 місяці тому +4

    I don't really understand why banks are exempt from this.

    • @hbunny322
      @hbunny322 2 місяці тому

      Banks are proven to be the most corrupt of all businesses.
      How does this work with the Federal Govt Corporation? Or the Foreign for profit British entity of DC, aka US INC CORPORATION or the Congress Corporation, Judicial CORPORATION, Executive Corporation, Legislative Corporation, or the 1000 3 letter subcontractors Corporation? This proves this country has no Govt, a corporation can not be a govt. This is unlawful and unconstitutional and is null and void.

    • @stvrob6320
      @stvrob6320 Місяць тому

      Maybe banks are reporting already under a different rule, the same way large companies already do?

    • @etb_27
      @etb_27 Місяць тому

      @@stvrob6320 Yeah I would hope so but I dunno how that stuff works

  • @helterskelter5926
    @helterskelter5926 4 місяці тому +7

    FJB FJY

  • @lilyolive2669
    @lilyolive2669 3 місяці тому +3

    $$$$$$$ and more $$$$$$$ for them…..

  • @TRAPSQUAD187
    @TRAPSQUAD187 7 місяців тому +17

    0:23 criminals you say? 😂 imagine that thank the lord we don’t have any criminals in government right? Imagine holding a Nuremberg styled trails for said criminals huh 🤔

    • @abnewton88
      @abnewton88 7 місяців тому

      The law is fictitious. Your world is nothing BUT black ops. They're not breaking laws, they're faking numbers and staging footage. LOOK at this person's hair as she talks about saving lives.

  • @GSbattary280
    @GSbattary280 5 місяців тому +2

    2024Your national flag's watermark: 13 means work, 50 stars means guilt. It means I can't work. Illuminati, you have set it up, you have enlightened me, take my rights, my money, you guys are cheating me.

  • @chewie1355
    @chewie1355 4 години тому

    The inflation reduction act needs transparency. Most people don't know the money is going to radical causes, which does not benefit most Americans.

  • @jeremyhartsell2750
    @jeremyhartsell2750 4 місяці тому +9

    You corrupt jokers are the one's that need transparency. Are you kidding me?

    • @hbunny322
      @hbunny322 2 місяці тому

      Exactly. Another unlawful and unconstitutional act that is null and void. Sick of this criminal organization.

  • @zoso73
    @zoso73 6 місяців тому +4

    2.3K views two weeks after release. 🤣🤣🤣

  • @billwyko2392
    @billwyko2392 3 місяці тому

    Where can we find this form, everything talks about but nothing tells you where to find it!

  • @annalustenberg2873
    @annalustenberg2873 Місяць тому

    This law sweeps in not-for-profit Homeowners Associations. Now, it will be harder than ever to get volunteers to serve on HOA boards because of this invasion of homeowner privacy. Why are volunteer HOA boards included in this government overreach?

  • @djscrew265
    @djscrew265 4 місяці тому

    #insight #jesuschrist #propheticword #judgement

  • @BenjaminPeterson-gn9ij
    @BenjaminPeterson-gn9ij 5 місяців тому

    Thank You

  • @jeffdroubay4636
    @jeffdroubay4636 5 місяців тому +2

    This report doesn't ask anything more than what I've already provided in getting a passport (my DL). Big deal. If it catches one of Putin's cronies I'm happy. I complied.

  • @riseb1220
    @riseb1220 3 місяці тому

    You have nothing to hide it shouldn't be a problem completing this. Thanks for the update.

    • @johnqlunchbucket
      @johnqlunchbucket 21 день тому

      I have nothing to hide. I just don't have anything that I want them to see. Be careful giving up your constitutional rights as it's very hard to get them back. This is a clear violation of the 4th amendment and needs to be challenged.

  • @dwightsandersus60-150417000099
    @dwightsandersus60-150417000099 3 місяці тому

    Thank you for this Learning opportunity