FinCEN Announces Final Interim Rule Exempting U.S. Companies from Beneficial Ownership Reporting under the Corporate Transparency Act

On March 21, 2025, the Financial Crimes Enforcement Network (“FinCEN”) issued a final interim rule consistent with the U.S. Department of the Treasury’s (the “Treasury Department”) announcement on March 2, 2025, which exempts domestic U.S. companies from beneficial ownership information reports (“BOIRs”) under the Corporate Transparency Act (“CTA”). This interim rule significantly alters the previous […]