# S-corp vs LLC for mineral interests **URL:** https://www.mineralrightsforum.com/t/s-corp-vs-llc-for-mineral-interests/69018 **Category:** Ownership and Title **Created:** [December 15, 2022, 7:42pm UTC](https://www.mineralrightsforum.com/t/s-corp-vs-llc-for-mineral-interests/69018 "2022-12-15T19:42:35Z") **Posts on this page:** 1 **Showing post:** 12
### Author: ![Richard\_Winblad](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/richard_winblad/32/11511_2.png) [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad) #### Post date: [December 27, 2022, 3:53pm UTC](https://www.mineralrightsforum.com/t/s-corp-vs-llc-for-mineral-interests/69018/12 "2022-12-27T15:53:41Z")
See this post, it may make a trust or other planning more attractive than an LLC. > [@New Corporate Transparency Act May Impact LLC Attractiveness](https://www.mineralrightsforum.com/t/new-corporate-transparency-act-may-impact-llc-attractiveness/69085): > > Beginning January 1, 2024, a federal law known as the Corporate Transparency Act will require most LLCs and corporations to register their beneficial owners and those who control the operations of these businesses. This act impacts millions of LLCs, corporations, partnerships, and other entities registered under state law. For most static, single-owner entities, this should not be much of a headache. However, family entities may require reporting when management changes, when an owner dies, or e… _ **This post is not legal, tax or investment advice. Reading or responding to this post does not create an attorney/client relationship.** _ --- _[View the full topic](https://www.mineralrightsforum.com/t/s-corp-vs-llc-for-mineral-interests/69018)._