Stay of Preliminary Injunction Reinstates CTA Reporting Requirements
By EsqSocial Corporation 24/12/24
This article is an update to the December 9, 2024, article: UPDATE: FinCEN Alerts That CTA Reporting Is Voluntary While Preliminary Injunction Remains in Effect - On December 23, 2024, the United States Court of Appeals for the Fifth Circuit lifted the Texas District Court’s nationwide preliminary injunction that had temporarily suspended the enforcement of the Corporate Transparency Act (CTA).[1] This means that reporting companies formed prior to January 1, 2024 that are not exempt from the...
By: Akerman LLP