The Supreme Court has temporarily stayed a Texas judge's injunction against the Corporate Transparency Act's beneficial ownership reporting requirements. Despite this FinCEN has ruled that companies remain exempt from filing for the time being.

The Supreme Court has revived a requirement that owners of millions of small businesses register with an arm of the Treasury Department charged with fighting money laundering and other financial crimes.

Enforcement of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership, remains on hold despite a U.S. Supreme Court ruling in favor of the Treasury Department.

Yesterday, the United States Supreme Court reinstated the Corporate Transparency Act (the “CTA”) and allowed its reporting obligations to go

Experts weigh in on the seesawing judicial fate of the Corporate Transparency Act and its beneficial ownership information reporting mandate.

The act aims to stop fraud and money laundering by requiring most U.S. businesses to disclose which owners control more than 25 percent of the stock or equity.

On January 23, 2025, in the case of Texas Top Cop Shop, Inc., et al. v. Garland, et al., the Supreme Court of the United States (SCOTUS) granted the government the ability to lift the injunction which halted enforcement of the Corporate Transparency Agency (CTA) on December 26,

The registration is part of the Corporate Transparency Act, an anti-money laundering statue passed in 2021. Under the CTA, the owners and part-owners of an estimated 32.6 million small businesses must register personal information with FinCEN,