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Corporate Transparency Act: U.S. Treasury Issues Interim Final Rule and New Deadlines

On February 18, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced it was providing an extension for filing beneficial ownership reports (“BOI reports”) under the Corporate Transparency Act (“CTA”) until...more

Treasury Department and FinCEN Announce Drastic Limits on Enforcement of Corporate Transparency Act

In a March 2, 2025 press release, the US Treasury Department announced that not only will it not enforce any penalties or fines associated with the beneficial ownership information (BOI) reporting rule under the existing...more

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