Following announcements from the Financial Crimes Enforcement Network (“FinCEN”) on February 27, 2025, and the United States Department of the Treasury (the “Treasury”) on March 2, 2025, it would appear that beneficial...more
3/21/2025
/ Beneficial Owner ,
Corporate Transparency Act ,
Enforcement Actions ,
Filing Deadlines ,
FinCEN ,
Popular ,
Proposed Rules ,
Regulatory Requirements ,
Reporting Requirements ,
Rulemaking Process ,
U.S. Treasury
This article was originally published in May 2021, and updated January 2022 and March 2023.
Approved by Congress in January 2021, the Corporate Transparency Act (CTA) is a new federal law requiring many business entities...more
3/16/2023
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
Corporate Governance ,
Corporate Transparency Act ,
Disclosure ,
Exemptions ,
FinCEN ,
Penalties ,
Regulatory Requirements ,
Reporting Requirements ,
U.S. Treasury
Approved by Congress in January 2021, the Corporate Transparency Act (CTA) is a new federal law requiring many business entities to identify to the Treasury Department the individuals who own a 25 percent or greater interest...more