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News/Compliance & Enforcement/Treasury Department Will Not Enforce Corporate Transparency Act Against U.S. Businesses
Expert Opinion·Compliance & Enforcement Brief

Treasury Department Will Not Enforce Corporate Transparency Act Against U.S. Businesses

Chambliss – After months of uncertainty, legal challenges, and changing deadlines under the Corporate Transparency Act (CTA), the Treasury Department issued a press release on March 2, 2025, stating that it would not enforce any penalties or fines under the existing beneficial ownership information (BOI) reporting guidelines.

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