by Joan T. Berg | Mar 27, 2025 | Insights, Joan T. Berg
Financial Crimes Enforcement Network (FinCEN) has issued an interim final rule that removes the requirement for U.S. Companies and U.S. persons to report the Beneficial Ownership Information (BOI) required under the Corporate Transparency Act (CTA). FinCEN announced...
by Joan T. Berg | Mar 4, 2025 | Insights, Joan T. Berg
Financial Crimes Enforcement Network (FinCEN) previously announced that Beneficial Ownership Information reporting requirements under the Corporate Transparency Act (CTA) are in effect, with an extended deadline of March 21, 2025. FinCEN recently announced that it...
by Joan T. Berg | Dec 27, 2024 | Joan T. Berg, Insights
Yesterday, we reported that the motions panel of the Federal Court of Appeals for the 5th Circuit decided, pending appeal, that reporting companies are required to file their beneficial ownership information with FinCEN no later than January 13, 2025. However, late...
by Joan T. Berg | Dec 26, 2024 | Joan T. Berg, Insights
Earlier this month, we reported that the U.S. District Court for the Eastern District of Texas issued a preliminary injunction staying the enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. This week the Federal Court of Appeals for the 5th...
by Joan T. Berg | Dec 5, 2024 | Joan T. Berg, Insights
On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction staying the enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. The effect of the injunction is nationwide. The injunction was issued...
