Corporate Transparency Act (CTA) Resource Center
The Corporate Transparency Act became effective on January 1, 2024. As a result, for the first time, certain businesses will now be required to report information about their ultimate beneficial owners to the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN).
To keep our clients updated on this evolving regulatory regime, including the newly effective beneficial ownership reporting requirements, and additional information, Morrison and Foerster has created this Corporate Transparency Act Resource Center featuring client alerts, links to FinCEN resources, and additional CTA-related content. Morrison and Foerster has assembled a team of lawyers who stand ready to assist clients with questions regarding their obligations to report beneficial ownership information.
Featured Resources
- Client Alert
The New CTA: Calling Foreign Reporting Companies Only
The Financial Crimes Enforcement Network (FinCEN) has released an interim final rule (IFR) limiting the Corporate Transparency Act (CTA) reporting requirements to foreign reporting companies only.
- Client Alert
Treasury Department Shifts CTA to Foreign Entities
On March 2, 2025, the Treasury Department (“Treasury”) announced that it will no longer enforce any penalties or fines associated with the beneficial ownership reporting rule under the Corporate Transparency Act (CTA) against U.S. citizens or domestic reporting companies and their beneficial owners.
- Client Alert
Off Again, On Again: The CTA Revived
Following a decision on February 18, 2025, the Corporate Transparency Act’s (CTA) beneficial ownership reporting requirements are once again in effect.
- Client Alert
The Ping-Pong Continues – But CTA Is Still on Hold
On January 23, 2025, the U.S. Supreme Court granted the federal government’s motion to stay the nationwide injunction blocking the Corporate Transparency Act’s (CTA) enforcement.
- Client AlertThe Corporate Transparency Act Injunction is Back in Place
On December 26, 2024, a merits panel of the United States Court of Appeals for the Fifth Circuit contributed to the frenzied whirlpool of Corporate Transparency Act (CTA) developments.
- Client AlertFifth Circuit Lifts Injunction on Enforcement of the Corporate Transparency Act; FinCEN Extends Reporting Deadline
In a recent client alert, we notified clients that on December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a preliminary injunction against enforcement of the Corporate Transparency Act (CTA) and its beneficial ownership information (BOI) reporting requirement.
Instructions for Completing a Beneficial Ownership Information Report
