Breaking News: Federal Court Pauses Enforcement of Corporate Transparency Act
Posted on Dec 5, 2024
by Sadie E. Dupont
The U.S. District Court for the Eastern District of Texas has issued a preliminary injunction halting the enforcement of the Corporate Transparency Act (CTA). The CTA mandates that most businesses disclose their beneficial owners to the Financial Crimes Enforcement Network (FinCEN). In its ruling, the Court found that the plaintiffs are likely to succeed on […]