Recent
The U.S. Department of Treasury issued a press release which severely crushes the future viability of the Corporate Transparency Act.
The Corporate Transparency Act’s BOI reporting requirements have been extended pending FinCen issuing an interim final rule.
The beneficial ownership information reporting requirements under the Corporate Transparency Act are back in effect as of February 18, 2025.
The beneficial ownership reporting mandate could be back in play soon with a possible new set of deadlines and rules from FinCEN.
In the latest development concerning the Corporate Transparency Act, a ruling from the United States Supreme Court further complicated the future of the CTA and its reporting obligations.
This development marks another chapter in the rollercoaster saga regarding the challenges to the implementation and enforcement of the CTA.