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Court Blocks Corporate Transparency Act — A Win For Federalism? Updated
A U.S. District Court in Texas issued a nationwide preliminary injunction against the Corporate Transparency Act, citing constitutional concerns and significant compliance burdens.
Treasury Appeals Court Ruling Blocking Corporate Ownership Registry Drive
The U.S. Treasury Department said it is appealing a ruling by a Texas judge blocking the implementation of a law intended to tamp down on the use of anonymous shell companies by criminals and other nefarious actors.
Upset in the 11th Hour: Corporate Transparency Act Halted, for Now
The Corporate Transparency Act (“the CTA”), a law enacted by Congress requiring certain business entities to disclose beneficial ownership
Texas Court Blocks Treasury From Enforcing Corporate Transparency Act, Impacting Tens Of Millions Of Businesses
A ruling out of the U.S. District Court for the Eastern District of Texas has blocked the Treasury from enforcing the Corporate Transparency Act (CTA).
BREAKING: Federal Court Enjoins Government from Enforcing Corporate Transparency Act
On December 3, 2024, the U.S. District Court for the Eastern District of Texas granted a nationwide preliminary injunction that enjoins the federal government from enforcing the Corporate Transparency Act (the CTA).
US Appeals Order Halting Corporate Transparency Act Disclosures
The US government appealed a Texas federal judge’s nationwide preliminary injunction that halted enforcement of the Corporate Transparency Act.
Federal court in Texas halts implementation of Corporate Transparency Act
A federal court in Texas has blocked the implementation of the Corporate Transparency Act, halting its beneficial ownership reporting requirements, which would have included farmers, ranchers, and agribusinesses.
Texas Ruling Temporarily Stops Enforcement of the Corporate Transparency Act
A Federal Court in Texas has issued a ruling that temporarily stops the Federal Government from enforcing the Corporate Transparency Act (the “Act”) and requiring the filing of Beneficial Ownership Interest Reports (BOIRs) with FinCEN.
Texas court halts enforcement of Corporate Transparency Act
A federal judge in Texas has blocked the enforcement of the Corporate Transparency Act, a key U.S. anti-money laundering law that would require companies to report ownership details by January.
1d
Small business owners must report by end of the year to avoid penalties under federal law
Small business owners may not realize they are subject to a new reporting process mandated under the Corporate Transparency ...
15h
on MSN
Why Small-Business Owners Are Cheering the Suspension of the Corporate Transparency Act
A Texas judge delivered a nationwide injunction against application of a law requiring small businesses to report their real beneficial owners by January 1.
2d
on MSN
These parts of Trump’s tax cut law expire in 2026
Tax Cuts and Jobs Act (TCJA) made huge permanent cuts to corporate and business taxes while making temporary cuts to ...
The Korea Times on MSN
2d
Martial law threatens success of Corporate Value-up Program
The Corporate Value-up Program implemented by the government faces concerns that it will lose momentum in the stock market in ...
JD Supra
2d
Is Delaware Corporate Law Meant Only For The Oἱ Όλίγοι?
Professor Stephen Bainbridge has offered a rebuttal to my observation that Delaware's corporate law is inaccessible to everyday observers. He ...
6d
Practical Law The Journal
A round-up of key transactional, regulatory, and litigation topics and trends highlighted in Practical Law The Journal over ...
4h
FinCEN Says Corporate Transparency Act (CTA) Reports Are Voluntary Following Court Decision
The U.S. government has appealed the nationwide preliminary injunction—and FinCEN has backed off of its position that filings ...
1d
Law Firms Are In a Strong Spot, But Their Continued 'Growth Mindset' Comes With Challenges
An "aggressive" lateral market as well as expense pressure and partner integration will challenge firms in 2025, even as they ...
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