Beneficial Ownership Registries are a partial answer to so many corruption problems. It's the same deal with these odd bans on "Foreign Ownership of Farmland"

Beneficial Ownership Registries are a partial answer to so many corruption problems. It's the same deal with these odd bans on "Foreign Ownership of Farmland" -- so a Chinese national owning farms in Texas is bad, a Chinese company owning farms is bad, but how do you stop them if they use even one iota of the silly privacy laws protecting against disclosure? The bills include language like, "directly or indirectly controlled" but how in the world do you police that without knowing the ownership percentages and stakes? If a Texan firm is 100% owned by a Delaware C-Corp that's owned by a Delaware LLC which is managed by a Caymen company completely controlled by the CCP, it's essentially impossible to tell.. so you've basically just banned people who don't use complicated legal setups to own real estate -- which seem like the exact wrong people to ban.