Big Change: BOI Reporting No Longer Required for U.S. Companies Under the CTA
FinCEN’s March 2025 Rule Lifts Reporting Burden for Domestic Companies On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) announced a major change to the Corporate Transparency Act (CTA) reporting rules. U.S. companies and U.S. persons who are beneficial owners of U.S. entities are no longer required to report Beneficial Ownership Information (BOI) to […]