Why is it in the public interest to know who owns a company? Sure for specific groups of people, transparency is in order (elected politicians etc.) but wouldn’t financial disclosure laws work better? Why isn’t it the general public’s prerogative to know that I own 5% of a shell company (LLC) set up specially for the purpose of pooling an investment in a new venture?
shell companies are just companies, suppose the vast majority of which are formed for perfectly normal reasons,
If they can have "free speech" and are "legal persons" then the public _surely_ has an interest in knowing who is benefiting (the ultimate beneficial owner) from that corporation's actions.
shell companies are just companies, suppose the vast majority of which are formed for perfectly normal reasons,