Corporate Transparency Act Enforcement Enjoined Again
By EsqSocial Corporation 30/12/24
An order issued on December 26, 2024, by the U.S. Court of Appeals for the Fifth Circuit has reinstated the injunction imposed by the United States District Court for the Eastern District of Texas, which enjoins the Corporate Transparency Act (the “CTA”) and enforcement of the reporting rules under the CTA and stays the January 1, 2025, compliance deadline. As a result, reporting companies are currently not required to submit beneficial ownership information reports under the CTA....
By: Arnall Golden Gregory LLP