News

Corporate Transparency Act: Whiplash on BOI

Whiplash on BOI The U.S. Fifth Circuit Court of Appeals has reinstated an injunction against the enforcement of the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA). This ruling supports the National Federation of Independent Business (NFIB), which argued that the rule unfairly burdens small businesses....

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Corporate Transparency Act – ON HOLD

Corporate Transparency Act – ON HOLD The Corporate Transparency Act ("CTA") was enacted January 1, 2021, as part of the National Defense Authorization Act, representing the most significant reformation of the Bank Secrecy Act and related anti-money laundering rules since the U.S. Patriot Act. The CTA is intended to address...

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Corporate Transparency Act – Beneficial Ownership Information Reporting

Corporate Transparency Act - Beneficial Ownership Information Reporting The Corporate Transparency Act ("CTA") was enacted January 1, 2021, as part of the National Defense Authorization Act, representing the most significant reformation of the Bank Secrecy Act and related anti-money laundering rules since the U.S. Patriot Act. The CTA is intended...

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