Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
In a surprise announcement, the Trump Administration says it won’t apply the beneficial ownership requirements of the ...
Long Island Business News4d
Feds won’t enforce reporting for LLC and corporate ownership
After several months of back-and-forth court decisions and extended deadlines, the U.S. Treasury Department announced it ...
Employee Ownership: A Golden Opportunity For The Economy
While economists typically analyze the economy from a broad perspective, individuals often feel its impact on a personal ...
Treasury ends enforcement of business ownership database
The Biden-era small-business rule is aimed at curbing money laundering and formation of shell companies. The rule had been ...
Hosted on MSN13d
Treasury ends enforcement of business ownership database meant to stop shell company formation
She said in January 2024 that more than 100,000 businesses had filed beneficial ownership information with Treasury. The rule ...
New York Post9d
More and more women are opening their own businesses — and here’s why: study
Results found that 91% of current owners feel fulfilled in their professional lives, compared to just 55% of those who haven’t made the leap to business ownership. Taking things a step further ...
Treasury Department suspends enforcement of ownership information reporting for millions of businesses
The rule was enacted to “make it harder for bad actors to hide or benefit from their ill-gotten gains through shell companies ...
Treasury Department Halts Enforcement of Business Ownership Disclosure Law
Before the CTA was adopted, we were the money laundering capital of the world,” Taylor English Duma partner Jonathan Wilson ...
Orange County Register10d
HOA Homefront: Corporate Transparency Act enforcement ends for HOAs
On Sunday, March 2, the Treasury Department announced it would suspend any enforcement of new rules enacted under President ...
International Consortium of Investigative Journalists11d
Treasury Department won’t enforce beneficial ownership rule under the Corporate Transparency Act
The rule, which was held up in court for the last few months, would require foreign and domestic companies to disclose their ...
ABC News13d
Treasury ends enforcement of business ownership database meant to stop shell company formation
She said in January 2024 that more than 100,000 businesses had filed beneficial ownership information with Treasury. The rule and its legislative authority — the Corporate Transparency Act ...