National Law Review3d
FinCEN Adopts Interim Final Rule Limiting CTA Reporting Requirements to Foreign Reporting Companies
US legal entities are no longer subject to the reporting requirements of the Corporate Transparency Act (CTA).
JD Supra3d
FinCEN Exempts U.S. Companies from CTA Reporting — But Legal Uncertainty Remains
FinCEN Limits CTA Reporting to Foreign Entities — For Now On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) ...
JD Supra1d
CTA Drastically Pared Back
As promised by the US Department of Treasury in early March, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule ...
Corporate Transparency Act: Current Status and Future Implications for Health Care Clients
FinCEN is accepting comments on the rule and will assess the exemptions, as appropriate, in light of those comments. FinCEN ...
Corporate Transparency Act: Navigating the Latest Developments
Learn how the Corporate Transparency Act (CTA) affects small businesses, new reporting rules, and what owners must do to stay ...
Opinion
Weirton Daily Times3dOpinion
Broad-strokes, unintended consequences could harm West Virginia
On March 26, 2025, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) filed an interim final rule that substantially relieves undue burdens on domestic businesses ...
MyChesCo on MSN4d
Treasury Overhauls Corporate Transparency Rules, Slashing Burdens on U.S. Businesses
The U.S. Department of the Treasury formally announced the publication of an interim final rule by its Financial Crimes ...
Thomson Reuters4d
What is the status of the government’s Beneficial Ownership Information database now?
FinCEN’s current position is to narrow the scope of BOI reporting requirements under the CTA by taking a look at the rule’s initial exclusions. The newly proposed rule exempts “domestic reporting ...