On March 21, 2025, FinCEN released an interim final rule (IFR) removing the requirement for U.S. companies and U.S. persons to submit beneficial ownership information (BOI) reports under the Corporate Transparency Act (CTA)....more
On March 2, 2025, the Department of Treasury confirmed in a press release that it will not enforce any penalties or fines associated with the BOI reporting requirements under the existing regulatory deadlines...more