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Office of Chief Counsel Internal Revenue Service memorandum CC:SB:Sherman POSTF12107105 ILC: date: to:from:subject:6721.0000, 6722.0000, 6723.0000, 6724.0000, 6109.0500 June 02, 2005, Doug Rogers,
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CCSBSBERMAN stands for Consolidated Company Substantial Beneficial Ownership Reporting Management.
Entities with substantial beneficial ownership in a company are required to file CCSBSBERMAN.
CCSBSBERMAN can be filled out online through the designated platform provided by the regulatory authorities.
The purpose of CCSBSBERMAN is to track substantial beneficial ownership in companies for regulatory and compliance purposes.
Information such as name of the owner, percentage of ownership, and details of the company must be reported on CCSBSBERMAN.
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