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FinCEN Announces Interim Final Rule for CTA Reporting

On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) announced its interim final rule regarding the Corporate Transparency Act’s (“CTA”) beneficial ownership information (“BOI”) filing requirements. Through this interim final rule, all entities formed in the U.S. and their beneficial owners, regardless of whether those beneficial owners are U.S. persons, are exempt from the BOI filing requirement, including […]