Corporate Transparency Act Ruled Unconstitutional, But Reporting Continues
Posted on Mar 5, 2024
by Sadie E. Dupont
On March 1, 2024, a U.S. District Court in Alabama held[1] that the Corporate Transparency Act (CTA) is unconstitutional as a matter of law. In its ruling, the District Court explained that the CTA and its requirements exceed any authority granted to Congress. What does this mean going forward? As of right now, nothing has […]