The act aims to stop fraud and money laundering by requiring most U.S. businesses to disclose which owners control more than 25 percent of the stock or equity.

The Corporate Transparency Act, which requires businesses to disclose ownership information, was blocked by a federal judge as beyond Congress’s authority.

Enforcement of the Corporate Transparency Act, which requires millions of companies to disclose their true ownership, remains on hold despite a U.S. Supreme Court ruling in favor of the Treasury Department.

Small businesses are still not required to register with an agency called the Financial Crimes Enforcement Network, or FinCEN — for now

The U.S. Supreme Court has cleared the way for enforcing a federal anti-money laundering law requiring corporate entities to disclose their beneficial owners to the Treasury Department. The court stayed a nationwide injunction issued in December by a Texas judge who ruled that Congress exceeded its constitutional authority in passing the 2021 law.

Yesterday, the United States Supreme Court reinstated the Corporate Transparency Act (the “CTA”) and allowed its reporting obligations to go

Texas Supreme Court justices heard argument on whether Southern Methodist University has the right to separate from its founder.