Corporate Transparency Act – New Interim Final Rule
By EsqSocial Corporation 02/04/25
The U.S. Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued an interim final rule with respect to the Corporation Transparency Act (the “CTA”), exempting entities formed in the United States from the requirement to file beneficial ownership information (“BOI”) reports. The interim final rule (the “IFR”) also exempts U.S. persons from any obligation to provide BOI to reporting companies....
By: Stoel Rives LLP