Treasury Department halts enforcement of BOI requirements

What to know about Trump-endorsed Treasury's BOI reporting suspension
The Treasury Department announced on Sunday that it will suspend fines and penalties linked to "beneficial ownership information" (BOI) required of millions of businesses. Why it matters: In addition to eliminating guardrails around "illicit finance,
U.S. Treasury Department Announces Suspension of BOI Reporting Penalties for U.S. Parties
On February 19, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced that most reporting companies under the Corporate Transparency
Treasury Department halts enforcement of BOI requirements: What to know
The Treasury Department announced that it is suspending enforcement of the Beneficial Ownership Information (BOI) reporting requirements. Here's what to know.
Trump praises Treasury Department's move to suspend enforcement of BOI requirements
President Trump praised the Treasury Department late Sunday for its recent decision to suspend enforcement of the Beneficial Ownership Information reporting requirements.
Treasury Department Halts Enforcement of CTA Reporting Obligations
On March 2, 2025, the U.S. Treasury Department announced that it would not enforce penalties or fines associated with beneficial ownership
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The Treasury Department has halted enforcement of beneficial ownership information, or BOI, reporting for millions of businesses.
Treasury Department Halts Enforcement of Business Ownership Disclosure Law
Before the CTA was adopted, we were the money laundering capital of the world,” Taylor English Duma partner Jonathan Wilson of the Corporate Transparency Act. “Sounds like we're going back to being the money laundering capital of the world.
Trump praises end of ‘outrageous and invasive’ reporting rule at Treasury
President Donald Trump is praising a rule change by his Treasury Department that ends the reporting requirement for so-called beneficial ownership information, possibly after receiving a push from Elon Musk.
Trump Praises Treasury's Move To Suspend 'Outrageous' BOI Rule Aimed At Curbing Illegal...
President Donald Trump has expressed his approval of the Treasury Department’s decision to suspend the Beneficial Ownership Information (BOI) reporting requirement, a move he believes will benefit small businesses across the nation.
Enforcement of BOI and Corporate Transparency Act suspended by Treasury Department, Trump reacts, ‘This Biden rule…’
The Treasury Department has announced that it will no longer enforce the Corporate Transparency Act or the associated BOI reporting requirements.
Treasury Declares New Ownership Reporting Law Will Only Apply To Foreign Companies
According to the Treasury, the department will be issuing proposed rules to narrow the scope of the rule to foreign reporting ...
The Very Weird End of Beneficial Ownership Information (BOI) Reporting
The estimated cost of compliance is $8000 per business. And a single tweet ended it. How government stopped it's invasive look into business.
Overdrive1h
Treasury suspends small-business ownership reporting requirement
The U.S. Treasury said it wouldn't impose penalties associated with Beneficial Ownership Information reporting under the ...
Treasury ends enforcement of business ownership database
The Biden-era small-business rule is aimed at curbing money laundering and formation of shell companies. The rule had been ...
FINCEN Calls A Much Needed Time Out For Beneficial Ownership Information Reporting While Congress Mulls Changes
The U.S. Treasury's Financial Crimes Enforcement Network (FINCEN) has paused the Beneficial Ownership Information (BOI) ...
The Floridian1d
Trump Continues Pro-Small Business Approach, Guts BOI Rules
President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s ...
JD Supra5d
Corporate Transparency Act Update: FinCEN Extends Reporting Deadline for Companies
On February 18, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a notice extending the deadline for reporting ...