The US Treasury Department extended the deadline for US business entities to comply with the Corporate Transparency Act’s beneficial ownership disclosure requirements to March 21, 2025, the department’s Financial Crimes Enforcement Network said.
The announcement came Tuesday evening after the US District Court for the Eastern District of Texas stayed the last remaining nationwide block against enforcement of the CTA, which had been successively enjoined throughout December and January.
Most businesses have 30 calendar days to file their beneficial ownership information reports, after which FinCEN said it will “assess its options to further modify deadlines,” according to the announcement. ...