Corporate Transparency Act Back and Forth Continues – 5th Circuit Reinstates Injunction

On December 26, 2024, the United States Court of Appeals for the Fifth Circuit (Fifth Circuit) vacated its December 23, 2024 order which reinstated filing obligations under the Corporate Transparency Act (CTA). The Fifth Circuit’s December 26th order means that companies are not required to comply with the CTA and, therefore, do not need to submit Beneficial Ownership Reports (BOIR)....
By: Best Best & Krieger LLP

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