On Friday, March 21, 2025, FinCEN issued an interim final rule eliminating beneficial ownership information reporting requirements for U.S. companies and U.S. persons under the Corporate Transparency Act.
Corporate Transparency Act: Treasury Announces CTA Relief for U.S. Citizens and Domestic Companies
3.4.2025
The U.S. Department of the Treasury announced that it will suspend enforcement of beneficial ownership information reporting requirements under the Corporate Transparency Act for U.S. citizens, domestic companies, and beneficial owners of domestic reporting companies.