All That For Nothing? FinCEN Exempts U.S. Businesses From CTA Reporting
The Financial Crimes Enforcement Network has issued an interim final rule exempting domestic U.S. companies and U.S. citizens ...
JD Supra2d
Corporate Transparency Act NARROWED - FinCEN Eliminates Reporting Obligations for All U.S. Persons and U.S. Entities
As we noted in our most recent client alert, on February 27, 2025, the Financial Crimes Enforcement Network ("FinCEN") ...
Journal of Accountancy2d
BOI reporting changes don’t affect CTA’s constitutionality, filing says
In a brief filed in the Eleventh Circuit, the federal government said the move to remove the beneficial ownership filing ...
JD Supra4d
Client Alert: FinCEN Narrows CTA Scope - Key Updates
On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”), a bureau of the U.S. Department of the Treasury, ...
Accounting Today3d
Treasury publishes rule narrowing BOI reporting
The Treasury Department limited the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to ...
Accounting Today6d
FinCEN rule would end BOI reporting for US companies
The interim final rule removes the requirement under the Corporate Transparency Act for U.S. companies and people to report ...
National Law Review5d
FinCEN Issues Interim CTA Rule, U.S. Entities and Individuals Exempted From Reporting
Highlights The Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that changes requirements for ...
National Law Review11d
CTA Reporting Now Required, but FinCEN Waives Penalties and Indicates New Reporting Deadline Extension Likely Later This Year
Update: On March 2, 2025, the Secretary of the Treasury posted a press release in which he stated that the Treasury ...
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In a surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...
Compliance Week6d
FinCEN drops BOI requirement for U.S. companies, persons
The U.S. Treasury Department's Financial Crimes Enforcement Network issued a final interim rule that eliminates beneficial ...
The Business Journals1mon
Inside the twists and turns of a new business reporting mandate
Lawyers from Venable LLP discuss the Corporate Transparency Act’s winding path, current status and ways to (hopefully) avoid CTA whiplash. The Corporate Transparency Act (CTA) rollout has ...
American Banker6d
FinCEN rule would end BOI reporting for US companies
The Treasury Department's Financial Crimes Enforcement Network issued an interim final rule Friday removing the requirement under the Corporate Transparency Act for U.S. companies and people to report ...