Building Blocks by Daisy

The Corporate Transparency Act is on pause, again! What boards should know

Daisy Season 1 Episode 8

This week the Treasury Department announced it's suspending the enforcement of the Corporate Transparency Act (CTA) for U.S. citizens and domestic companies. This means (as of now), boards will not need to submit Beneficial Ownership Information (BOI) reports. An updated ruling will be issued by March 21st.

Tune in for more details on what this means and how boards should plan through this uncertainty.