Treasury Department Drastically Narrows Corporate Transparency Act Requirements
Major Policy Shift Exempts U.S. Companies and U.S. Beneficial Owners On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim rule via press release that fundamentally transforms the scope of the Corporate Transparency Act (CTA). This significant revision exempts all domestic reporting companies from filing requirements and removes the obligation for foreign … Read more