Alerts12.23.24
CTA Injunction Stayed, Jan. 1 Deadline Reinstated by Fifth Circuit Court
Highlights
The Fifth Circuit granted a stay of the nationwide injunction that previously suspended enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) Reporting Rule
The stay reinstitutes obligations under CTA to file initial BOI reports by Jan. 1, 2025
On Dec. 23, 2024, the United States Court of Appeals for the Fifth Circuit granted a stay of the injunction issued earlier this month that halted enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information Reporting Rule.
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