On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a new interim final rule on reporting under the Corporate Transparency Act (CTA). The new rule drastically...more
3/27/2025
/ Beneficial Owner ,
Comment Period ,
Constitutional Challenges ,
Corporate Transparency Act ,
Final Rules ,
FinCEN ,
Foreign Entities ,
New Rules ,
Regulatory Requirements ,
Reporting Requirements ,
Trump Administration
On Jan. 1, the new Corporate Transparency Act (“CTA”) came into effect and imposes reporting obligations on domestic and foreign entities that are within the scope of the definition of “reporting company” under the statute....more