The Corporate Transparency Act (CTA) has been reinstated, and companies should proceed with preparing and filing their Beneficial Ownership Information Report (BOIR) ahead of the March 21, 2025, deadline....more
Companies are still not required to comply with the Corporate Transparency Act (CTA)—despite a U.S. Supreme Court ruling on Thursday suggesting otherwise.
On January 23, the High Court stayed a December 3 injunction in...more
Enforcement of the Corporate Transparency Act (CTA) was paused again on Thursday—halting an upcoming deadline for companies to submit Beneficial Ownership Information Reports (BOIRs) to the Treasury Department’s Financial...more
12/31/2024
/ Beneficial Owner ,
Business Entities ,
Compliance ,
Corporate Transparency Act ,
Deadlines ,
Filing Requirements ,
FinCEN ,
Preliminary Injunctions ,
Regulatory Requirements ,
Reporting Requirements ,
Stays
As we previously reported, the Corporate Transparency Act (CTA) requires a broad class of legal entities (referred to as “reporting companies”) to identify and report beneficial ownership information to the Treasury...more