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Does a company that is eligible to rely on the “Controlled Company” exemption have to disclose if it chooses not to rely on the exemption?

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Does a company that is eligible to rely on the “Controlled Company” exemption have to disclose if it chooses not to rely on the exemption?

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No, a company only must disclose when it is relying on the Controlled Company exemption. A company eligible to rely on the exemption that does not chose to do so has no special disclosure obligations.

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