U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing requirements of the Corporate Transparency Act (CTA). The new rule would exempt more than ...

U.S. companies are officially off the hook from filing a beneficial ownership information report, but the Financial Crimes Enforcement Network’s (FinCEN) recent decision could face legal challenges.

This document has been published in the Federal Register. Use the PDF linked in the document sidebar for the official electronic format.

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued a significant update to its beneficial ownership information (BOI) reporting requirements under the Corporate Transparency ...

THE Securities and Exchange Commission (SEC) has signed a data-sharing agreement on beneficial ownership data with the ...

On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued its promised interim final rule to eliminate the ...

The interim final rule drastically reduces the number of entities required to report beneficial ownership information. The ...

Following the U.S. Department of the Treasury’s announcement earlier this month that it will not enforce penalties against companies that do not report their beneficial ownership information ...

The U.S. Treasury Department published on Wednesday an interim final rule that removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information to the ...

Similar considerations underly the exemption for US persons who are beneficial owners of foreign ... finance risks associated with foreign ownership or control, such as the use of shell companies.

The Treasury Department's Financial Crimes Enforcement Network issued an interim final rule Friday removing the requirement under the Corporate Transparency Act for U.S. companies and people to report ...

This week, on Tax Breaks, Forbes Senior Writer Kelly Phillips Erb explores the end of tax season, U.S. companies receiving a ...