And just like that—the Corporate Transparency Act is back!
By EsqSocial Corporation 21/02/25
The final judicial barrier to the Financial Crimes Enforcement Network’s enforcement of the Corporate Transparency Act’s beneficial ownership information (BOI) reporting requirements has been lifted. The Corporate Transparency Act (CTA), effective January 1, 2024, requires entities created or registered to do business in the United States to report their BOI to the Financial Crimes Enforcement Network (FinCEN) on an ongoing basis unless they are subject to an exemption (Reporting Companies)....
By: Eversheds Sutherland (US) LLP