Considering conflicting rulings, businesses remain understandably confused about whether to file their mandated Beneficial ...

Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

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 ...

Accordingly, the concept of beneficial ownership has been developed ... the measures required by the FATF should apply to all relevant types thereof, including (but not restricted to) companies, ...

The BOI report includes details about the individuals who own or control businesses that operate in the US and is intended to minimize the types of activities that threaten fair business practices.

While federal courts are making beneficial ownership information as confusing as possible, a new bill may add some ...

On January 23, 2025, the U.S. Supreme Court vacated one nationwide stay (Texas Top Cop Shop, Inc. v. McHenry – formerly, Texas Top Cop Shop ...

A recent Supreme Court order dealing with the Corporate Transparency Act caused mass confusion. Is BOI reporting required or ...

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 ...

SPOKANE, Wash., Dec. 31, 2024 (GLOBE NEWSWIRE) -- Northwest issues the following statement that, for the second time this month, the Beneficial Ownership Information (BOI) Report has been ...