CTA: Beneficial Ownership Reporting Injunction Back in Effect (12/26/24)
In yet another update regarding the Corporate Transparency Act (CTA), the US Court of Appeals for the Fifth Circuit issued an order vacating its stay of the Texas federal district court’s preliminary nationwide injunction barring the US government’s enforcement of the CTA. As a result, the government is again prohibited from enforcing the CTA and its beneficial ownership information (BOI) reporting rule.
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