FinCEN Issues Interim Final Rule Under the Corporate Transparency Act

On March 21, 2025, FinCEN released an interim final rule (the “Interim Final Rule”) that exempts domestic reporting companies and U.S. persons from being required to report beneficial ownership and company applicant information under the Corporate Transparency Act (the “CTA”). The CTA now only applies to foreign companies registered to do business in the U.S....
By: Patterson Belknap Webb & Tyler LLP

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