Corporate Transparency Act – Fifth Circuit Lifts Preliminary Injunction – FinCEN Extends Deadline to January 13, 2025
By EsqSocial Corporation 27/12/24
On Monday, December 23, 2024, a three-judge panel for the Fifth United States Circuit Court of Appeals lifted the preliminary injunction issued earlier this month, which paused enforcement of the Corporate Transparency Act (“CTA”) nationwide. The Fifth Circuit did not impose a new filing deadline to submit BOI reports, effectively reinstating the previous January 1, 2025, Beneficial Ownership Information (“BOI”) reporting deadline. However, FinCEN voluntarily extended the deadline an additional...
By: White and Williams LLP