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 ...
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 ...
Repairer Driven News1h
Treasury Department announces suspension of CTA enforcement
The U.S. Treasury Department announced Sunday a suspension of the enforcement of the Corporate Transparency Act (CTA) against ...
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 ...
American Banker15h
Treasury halts beneficial owner reporting for U.S. entities
The Treasury will no longer enforce Corporate Transparency Act reporting rules for U.S. businesses, a move critics say ...
JD Supra23h
The Corporate Transparency Act: FinCEN Not Issuing Fines or Penalties in Connection with March 21 Deadline
As an update to our February 21 article, yesterday FinCEN announced that it “will not issue any fines or penalties or take ...
The Floridian21h
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 ...