Reporting Companies May Face a Last-minute Scramble to Comply With the Corporate Transparency Act Due to Accelerated Appellate Timeline Related to the Preliminary Injunction

As the government and interested parties continue to fight over the enforcement of the Corporate Transparency Act’s reporting requirements, prudent businesses and reporting companies should be prepared to comply with all reporting requirements by the original January 1, 2025 deadline, as the current schedule for the appeal could potentially have the Fifth Circuit limiting or lifting the injunction just days before the deadline with no guarantee of an extension....
By: BCLP

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