Contributors: Len Gambino, Marc Pawlus
Updates to Beneficial Ownership Information Reporting Deadlines – Beneficial Ownership Information Reporting Requirements Now in Effect, with Deadline Extensions
Earlier this month, we reported that the U.S. District Court for the Eastern District of Texas issued a preliminary injunction staying the enforcement of the Corporate Transparency Act (CTA) and its Reporting Rule. This week the Federal Court of Appeals for the 5th Circuit decided that reporting companies are required to file their beneficial ownership information with FinCEN.