A bill that could offer a reprieve for businesses seeking certainty on beneficial ownership information (BOI) reporting ...

The FinCEN Files, a 16-month-long investigation of the International Consortium of Investigative Journalists (ICIJ), BuzzFeed News, Kyodo News, Radio France, The Asahi Shimbun and 105 other media ...

Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying the ...

While the United States Supreme Court recently lifted one nationwide injunction against enforcement of the Corporate ...

As previously reported, the Supreme Court has already considered on an emergency basis whether to stay Corporate Transparency Act (“CTA”) ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

U.S. Supreme Court stays one lower court’s injunction of the CTA, but another lower court’s order still keeps the Act in suspended animation.

The armored car company will pay FinCEN and the DOJ $42 million over three years following its willful admission to Bank ...

Companies and trusts aren’t currently obligated to file beneficial ownership information to FinCEN and won’t face liability if they fail to comply when the injunction is active, the agency said.

Even the single-member LLCs, which are “disregarded” for income tax purposes, must file reports with FinCEN under the CTA. The term “ownership” itself is not as straightforward or simple ...