Corporate Transparency Act Reporting Requirements Reinstated On February 18, 2025, the U.S. District Court for the Eastern District of Texas in Smith, et al. v. U.S. Department of the Treasury, et al., 6:24-cv-00336 (E.D. Tex.) stayed the nationwide preliminary injunction on the enforcement of the Corporate Transparency Act (“CTA”). Accordingly, the beneficial ownership information (“BOI”) reporting requirements under the CTA are once again back in effect and are mandatory. https://lnkd.in/gC3BBEJc
