CSC continues to closely monitor developments surrounding the Corporate Transparency Act (CTA).
We wanted to bring forward a new update regarding the recent Dec. 23, 2024 federal appeals court decision.
On the evening of Dec. 26, 2024, the United States Court of Appeals for the Fifth Circuit vacated its Dec. 23, 2024 order to stay the nationwide preliminary injunction.
The Dec. 3, 2024, nationwide preliminary injunction issued by the federal district court is once again in effect, blocking the U.S. Department of Treasury from enforcing the CTA’s beneficial ownership information reporting requirements.
We continue to monitor developments closely and will continue to provide updates as new guidance becomes available.
Be sure to monitor the CSC blog for additional updates. Thank you for your continued partnership.