Yet Another Unbelievably Stupid Law To Harass The People
/Just when you think that things might be about to turn around with regard to the explosion of unbelievably stupid laws and regulations to harass and annoy the people, along comes another one that’s stupid enough to top them all.
This one has sprung up seemingly out of nowhere in the past few weeks, in notices that have gone out among the New York co-op and condo communities. But the law’s application is far broader than just these communities. I suspect that many readers have received such notices in many diverse contexts.
The law in question is a federal statute called the Corporate Transparency Act.