The Corporate Transparency Act (CTA), enacted in 2021, mandates that companies disclose their true ownership to the Financial Crimes ...

US - Supreme Court Stays Corporate Transparency Act Injunction, But Beneficial Ownership Reporting Requirements Remain Paused ...

Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...

In summary, the latest chapter of the CTA saga confirms that businesses nationwide are not required to file BOI reports.

While federal courts are making beneficial ownership information as confusing as possible, a new bill may add some ...

On January 1, 2024, the Corporate Transparency Act (the “Act”) went into effect. The Act requires all non-exempt corporations, limited liability companies, and partnerships created or registered to do ...

The Corporate Transparency Act (CTA) has become a hot button issue in the HOA industry. Trade groups such as Community Associations Institute (CAI) are actively seeking to avoid transparency by ...

Last Friday, the United States Supreme Court lifted a nationwide injunction originally issued by the U.S. District Court for ...

Treasury had to issue a note clarifying that, despite a court victory last week, another legal challenge continued to block ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

NCBA Executive Director Kent Bacus issued a statement after the U.S. Supreme Court lifted the injunction halting enforcement ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in ...