Anyone who has followed the on-again, off-again history of the Corporate Transparency Act’s (CTA) Beneficial Owner Information (BOI) reporting requirements will not be surprised that, effective March 26, the Financial Crimes...more
4/3/2025
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Corporate Transparency Act ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Foreign Entities ,
Regulatory Reform ,
Regulatory Requirements ,
Reporting Requirements ,
U.S. Treasury
The beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are back in effect.
The CTA generally requires “reporting companies” (any domestic or foreign entity registered...more
2/20/2025
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Constitutional Challenges ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Deadlines ,
Filing Requirements ,
FinCEN ,
Regulatory Requirements ,
Reporting Requirements
The status of the preliminary injunction which paused the nationwide enforcement of the Corporate Transparency Act and its implementing rules (collectively, the “CTA”) continues to keep all interested parties on the edge of...more
12/30/2024
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Compliance ,
Corporate Transparency Act ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
As of December 3, 2024, the United States District Court for the Eastern District of Texas has issued a preliminary injunction pausing the nationwide enforcement of the Corporate Transparency Act and its implementing rules...more