Corporate Transparency Act Compliance Mandate Reinstated and Filing Deadline Extended
By EsqSocial Corporation 27/12/24
Reporting companies are once again required to comply with the Corporate Transparency Act (CTA) beneficial ownership information (BOI) reporting requirements, although the deadline has been shifted slightly to allow those companies required to report more time. A federal court in a challenge to the CTA, Texas Top Cop Shop, Inc. v. Garland, et al., had temporarily halted enforcement, but on December 23, 2024, the U.S. Court of Appeals for the Fifth Circuit overturned that injunction....
By: Procopio, Cory, Hargreaves & Savitch LLP