Beneficial Owner, Public Comment, Interim Final Rules (IFR)

Corporate Transparency Act – FinCEN Narrows Scope of Reporting Requirements and Extends Deadline

White and Williams LLP on 3/28/2025

In the latest twist in the ongoing Corporate Transparency Act (“CTA”) and beneficial ownership information (“BOI”) reporting requirements saga, news came from Washington on March 21, 2025, that the Financial Crimes...more

Corporate Transparency Act Shakeup: Domestic Companies off the Hook, Foreign Entities Still Reporting

Ward and Smith, P.A. on 3/27/2025

This interim final rule, released on March 21, 2025, means that only foreign entities registered to do business in the United States will still need to meet the CTA’s reporting requirements. Originally enacted to increase...more

Client Alert: "BOI Reporting Dropped for U.S. Entities; 30-Day Extension for Foreign Companies"

Bailey & Glasser, LLP on 3/27/2025

In the latest turn of events in the ever-evolving reporting rule saga under the Corporate Transparency Act (“CTA), on March 21, 2025, FinCEN issued an Interim Final Rule (“IFR”) and accompanying press release, aligning with...more

CTA Reporting Rule Narrowed to Foreign Companies Only

Chambliss, Bahner & Stophel, P.C. on 3/26/2025

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) released its anticipated interim final rule for the Corporate Transparency Act (CTA)...more

Corporate Transparency Act – CTA for Foreign Reporting Companies Only

Bowditch & Dewey on 3/25/2025

On Friday, March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that eliminates reporting requirements for domestic reporting companies via redefining “reporting company” to include...more

Corporate Transparency Act Update - FinCEN Interim Rule

Flaster Greenberg PC on 3/25/2025

On March 21, FinCEN issued an interim rule that implements the reduced scope of the Corporate Transparency Act (“CTA”) previously announced on March 2....more