Fifth Circuit Strikes Down Injunction; CTA In Effect With Short Deadline Extension
By EsqSocial Corporation 26/12/24
On December 23, the U.S. Court of Appeals for the Fifth Circuit issued an Order staying the nationwide injunction that previously halted the enforcement of the Corporate Transparency Act (the “CTA”). Without further clarification from FinCEN or a court-ordered extension of the end-of-year deadline, all pre-2024 business entities required to file under the CTA must now do so by December 31, 2024....
By: Cole Schotz