Treasury sets March 21 deadline for millions of businesses to report ownership information or risk fines of $10,000 or more

The Treasury Department set a March 21 deadline for businesses to report "beneficial ownership information" or risk civil and criminal penalties. It delayed the prior deadline by 30 days. Read More

New York Law Undercut by Planned US Corporate Disclosure Limits

Opinion: Bryan Cave Leighton Paisner attorneys explain how proposed changes to the Corporate Transparency Act would affect the New York Limited Liability Company Transparency Act. Read More

Ask the Hammer: Corporate Transparency Act

The Corporate Transparency Act (CTA) has brought on new compliance rules for business owners. Learn what’s required, key deadlines ... the reporting of "beneficial ownership" information to ... Read More

Corporate Transparency Act Foes Reject Pausing Case for New Rule

A group of Oregon business owners clashed with the government over whether to pause their challenge to the Corporate Transparency Act, claiming the US is seeking to indefinitely delay and ... Read More

Practical Implications of the Interim Final Rule for BOI Reporting Under the CTA

As we previously discussed, the Financial Crimes Enforcement Network (FinCEN) published an interim final rule (IFR) on March 26 that narrowed ... Read More

The (Almost) End of the Corporate Transparency Act

was obligated to file a beneficial ownership information report (a “BOIR”) with FinCEN. This requirement also applied to every non-U.S. company that had qualified to transact business in the U ... Read More

Beneficial Ownership Reporting Is Back: What Does It Mean for Your Business?

It’s time to sharpen those pencils — Beneficial Ownership Information (BOI ... the constitutionality of the Corporate Transparency Act, which mandates the reporting of ultimate beneficial ... Read More

Corporate Transparency Act Update: U.S. Companies No Longer Subject to Reporting Obligations

We collaborate with the world's leading lawyers to deliver news tailored for you ... The NLR does not wish, nor does it intend, to solicit the business of anyone or to refer anyone to an attorney ... Read More

“Gutted”: Trump administration rolls back law targeting illicit funds in real estate

In its new form, the most glaring loophole to the rule is that foreign entities can bypass reporting ... implementing the Corporate Transparency Act doesn’t mean business ownership is a free ... Read More