JD Supra2h
Beneficial Ownership Reporting – To File or Not to File?
Considering conflicting rulings, businesses remain understandably confused about whether to file their mandated Beneficial ...
Land Line1d
Bipartisan bill seeks to delay beneficial ownership information reporting deadline
While federal courts are making beneficial ownership information as confusing as possible, a new bill may add some ...
Fearmongering The Civil And Criminal Penalties Of Beneficial Ownership Information Reporting
Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...
Jacaranda FM11d
CIPC to deregister over 800k non-compliant companies
The Companies and Intellectual Property Commission (CIPC) has started the process of deregistering 800,000 companies due to ...
Land Line7d
Beneficial ownership information reporting requirements remain voluntary only, despite Supreme Court ruling
A recent Supreme Court order dealing with the Corporate Transparency Act caused mass confusion. Is BOI reporting required or ...
JD Supra2d
Another Twist in the Corporate Transparency Act Saga: FinCEN Announces That Ownership Information Reporting Is Not Currently Required
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced in an alert posted on its website on January 24, ...
American Banker1mon
Fincen beneficial ownership reporting deadlines reinstated, extended
The Financial Crimes Enforcement Network Monday reinstated and extended the deadline for U.S. legal entities to file beneficial ownership information to the body after an appeals court lifted a ...
NBC New York1mon
Treasury small business ownership rule on hold as court eyes constitutionality
Small businesses had been required to report "beneficial ownership information" to the Treasury Department by Jan. 13, 2025, or risk financial penalties. The 5th U.S. Circuit Court of Appeals ...