Preliminary Injunction Entered Against Enforcement of the CTA – What Does it Mean?

/ Owner - December 9, 2024

On December 3, 2024, the U.S. District Court for the Eastern District of Texas, Sherman Division, issued an Order granting a preliminary injunction barring the federal government from enforcing the Corporate Transparency Act (CTA) and its reporting requirements. In doing so, the Court ruled that Reporting Companies do not need to comply with the CTA’s January 1, 2025 initial Beneficial Ownership Information Report (BOIR) filing deadline.   Read the article…………………………….

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