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

A Trump administration rule has exempted most businesses from part of the Corporate Transparency Act. The U.S. Treasury ...

In addition, under the interim final rule, foreign reporting companies are not required to report any beneficial ... company for which they are a beneficial owner. Foreign reporting companies ...

The National Federation of Independent Business calls on the Treasury to delete beneficial ownership data collected under a ...

Here is a brief description of each form: Schedule 13D: This form is also known as the Beneficial Ownership Report. Anyone who owns more than 5% of a company's stock must file Form 13D with the ...

The Treasury Department formally published an interim final rule Wednesday limiting the scope of the Corporate Transparency Act's beneficial ownership reporting requirement to foreign companies. The ...

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 ...

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A beneficial owner is the real person who ultimately owns, controls or benefits from a company or trust fund and the income it generates. The term is used to contrast with the legal or nominee company ...

After the U.S. Court of Appeals for the Fifth Circuit granted the government’s emergency motion to continue to enforce the Corporate Transparency Act (CTA), FinCEN has extended the filing deadline.

A judge in the U.S. District Court for the Eastern District of Texas has ruled that a nationwide preliminary injunction barring FinCEN from enforcing the Corporate Transparency Act (CTA) will ...