Discusses the willfully requirement for the filing of FINCEN Beneficial Ownership Information Reports (BOIR) under the ...

As legal challenges to the reporting rules for beneficial ownership information (BOI) wind their way through the courts, inflation adjustments again increased the civil monetary penalties for ...

Treasury official notes the department aims to “reduce regulatory burden on businesses,” and is looking at modifying sweeping ...

If an injunction is lifted, FinCEN will extend BOI filing deadlines for 30 days and reassess the types of companies required to file beneficial ownership information reports, the government said in ...

This issue of beneficiary owner filing in China Q&A series explains what a beneficiary owner is and its difference from an ...

Considering conflicting rulings, businesses remain understandably confused about whether to file their mandated Beneficial ...

Snell & Wilmer’s Sarah Hibbard says many startups will need to comply with the CTA but that founders may struggle to prepare ...

Starting last January, the U.S. Department of Treasury’s Financial Crimes Enforcement Network has opened a portal for ...

The Treasury Department defines a “beneficial owner” as an individual who owns at least 25 percent of a company or who has “substantial control” over the company. When filing the report ...

Carta has noted that Supreme Court made ruling for FinCEN to continue enforcing CTA beneficial ownership information report ...

If the federal government gets its way, companies must file a beneficial ownership information report soon. Find out what’s happening.

Yes, the requirement to register an entity’s Beneficial Ownership Information (BOI) with the U.S. Government agency, ...