Latest Corporate Transparency Act Update from FinCEN: Enforcement Paused, For Now
Stay tuned – another shoe is likely to drop from Washington D.C. on the CTA (“Corporate Transparency Act”) in the next three weeks. As we
Treasury Department won’t enforce beneficial ownership rule under the Corporate Transparency Act
The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their true owners.
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.
FinCEN Pauses Enforcement of Corporate Transparency Act (Again!)
FinCEN has once again changed course on enforcement of the CTA. On February 27, 2025, FinCEN announced that it will not issue any fines or
Treasury Halts Enforcement of Corporate Transparency Act
The Treasury Department announced that it will not enforce penalties or fines against U.S. companies that do not register under the Corporate Transparency Act (CTA).
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,
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,
LVB1d
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.
Daily Herald11d
FinCEN strikes again: Recent Corporate Transparency Act updates
On Jan. 1, 2024, the Corporate Transparency Act (CTA) took effect. Originally enacted to combat financial crimes such as ...
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
National Law Review12d
FinCen Announces New Deadline for BOI Reporting Under Corporate Transparency Act
The Financial Crimes Enforcement Network of the U.S. Treasury Department (FinCEN) announced a new deadline for most companies ...
Daily Herald6d
New deadline set for transparency act compliance
On Feb. 18, a federal judge lifted the stay in Smith v. U.S. Department of the Treasury, effectively reversing the nationwide injunction that prevented the government from enforcing the Federal ...
Accounting Today2d
Treasury suspends Corporate Transparency Act enforcement
Last week, FinCEN confirmed that it would "not issue any fines ... The move by the Treasury Department to no longer enforce the Corporate Transparency Act was criticized by corporate ...
JD Supra19h
Updates to the Corporate Transparency Act Are Coming in at a Rapid Fire – Treasury Issued a Huge Change in the Trajectory of the New Law
If you feel punch-drunk from the rapid-fire updates to the Corporate Transparency Act (“CTA”), you are not alone. It is hard ...
Treasury Declares New Ownership Reporting Law Will Only Apply To Foreign Companies
According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...