Corporate Transparency Act 2024 How To File A Lawsuit

Corporate Transparency Act 2024 How To File A Lawsuit. The january 1, 2025 deadline for any “reporting company” formed prior to january 1, 2024 to file a beneficial ownership information report (“boir”) with the department of the. The nsba and a small business owner filed a lawsuit challenging the constitutionality of the boir rule of the corporate transparency act (cta or the act).

The corporate transparency act (cta) requires “reporting companies” to file a report with the department of treasury’s financial crimes enforcement network (fincen). However, the federal government has offered an extension due to the impact of this.