- The Corporate Transparency Act
- March 24, 2025
Corporate Transparency Act: U.S. Treasury Issues Interim Final Rule and New Deadlines
Jennifer J. Wioncek & Alex M. Denault
On March 21, 2025, FinCEN issued an Interim Rule that significantly narrows the scope of the Corporate Transparency Act. Under the new rule, domestic entities and U.S. persons are no longer required to file beneficial ownership reports, and enforcement against them has been suspended. Only certain foreign entities with non-U.S. beneficial owners remain subject to the CTA’s requirements. A 60-day comment period is now open, with a final rule expected later this year. Learn more about the Interim Rule and its implications.