Client Alert: Corporate Transparency Act - Nationwide Injunction Reinstated
By EsqSocial Corporation 30/12/24
On December 26, 2024, the full U.S. Court of Appeals for the Fifth Circuit reinstated the stay on the government’s ability to enforce the Corporate Transparency Act (CTA), meaning that reporting companies are, for now, no longer required to submit their beneficial ownership information to the Financial Crime Enforcement Network (FinCEN) while the merits of the case are under expedited appellate review....
By: Shumaker, Loop & Kendrick, LLP