U.S. CTA Reporting Obligations Reinstated with New Deadline

In another legal development, the U.S. District Court for the Eastern District of Texas ruled on 18 February 2025 to lift the nationwide injunction in the Smith case. As a result, the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA) are once again in effect.

Our latest update outlines the revised deadlines for reporting companies and provides guidance on the steps you should take to stay compliant.