SBE Council Says Corporate Transparency Act Suspension Big Win for Small Firms, as Treasury Says it Will Not Be Enforced
The Small Business and Entrepreneurship Council (SBE Council) says the suspension of the Corporate Transparency Act (CTA) Beneficial Ownership Information
Trump Administration Curbs Enforcement of the Corporate Transparency Act
Treasury Department said it won’t take enforcement action against Americans or American companies who fail to file ownership information under the law.
Treasury suspends Corporate Transparency Act enforcement
The Treasury Department announced it would no longer enforce the Corporate Transparency Act, nor enforce any penalties or fines associated with beneficial ownership reporting under the existing regulatory deadlines.
US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’
The US treasury department announced that it will halt enforcement of the Corporate Transparency Act's Beneficial Ownership Information reporting requirements for US citizens and domestic firms. President Trump supports the move,
Donald Trump Celebrates End of Corporate Transparency Act Measure
The Treasury will no longer enforce an anti-money laundering law that Trump said was an "absolute disaster" for small businesses.
Lummis applauds suspension of Corporate Transparency Act enforcement
Wyo., released the following statement touting the Trump administration’s announcement that they are suspending enforcement of the Corporate Transparency Act against U.S. citizens
Treasury Department Announces Suspension of Enforcement of Corporate Transparency Act Against U.S. Citizens and Domestic Reporting Companies
The Treasury Department announced plans to significantly narrow beneficial ownership information (BOI) reporting obligations under the Corporate Transparency Act (CTA). In a press release issued on March 2,
JD Supra11h
Corporate Transparency Act Update: CTA MAY NOT APPLY to Domestic Entities After New Rule
Last week, we reported that the U.S. Department of Treasury (DOT) through the Financial Crimes Enforcement Network (FinCEN) ...
Four Things Businesses Should Know About The Corporate Transparency Act
If you’re a business owner, the question of whether or not you are required to file a beneficial ownership information report ...
Lehigh Valley Business14h
Corporate Transparency Act on hold once again
The Corporate Transparency Act, which has been on again and off again for months is now off again.
JD Supra9h
Corporate Transparency Act Enforcement PAUSED - Reporting Companies May Suspend Compliance Pending Further FinCEN Guidance
As we noted in our February 20, 2025, client alert, unless the Financial Crimes Enforcement Network ("FinCEN") or Congress ...
Transparency International10h
United States: Reinstating corporate secrecy protects money launderers and foreign criminals – not small businesses
Unless reversed, the Treasury’s decision will reopen the US financial system to abuse by the corrupt and criminals.
Accounting Today13d
Court lifts injunction on Corporate Transparency Act
A federal district court in Texas has stayed an injunction that had prevented enforcement of the Corporate Transparency Act ...
Crain's Detroit1d
Federal judge in Michigan strikes down Corporate Transparency Act as unconstitutional
A federal judge in Grand Rapids has declared a law requiring businesses to report their ownership to the government as ...
NCLA Amicus Brief Asks Fifth Circuit to Maintain Block Against Corporate Transparency Act
Today, the New Civil Liberties Alliance filed an amicus curiae brief in Texas Top Cop Shop v. Bondi, urging the U.S. Court of Appeals for the Fifth Circuit to uphold a preliminary injunction against ...
Inside the twists and turns of a new business reporting mandate
A trio of lawyers from Venable LLP break down the history of the Corporate Transparency Act and what businesses need to know.