A federal appeals court has halted enforcement of the Corporate Transparency Act (CTA), an anti-money laundering measure requiring small businesses to disclose beneficial ownership information, drawing praise from America’s biggest small business lobby, which has panned the law as “burdensome” and battled it in court.
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Source (zerohedge.com)
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Treasury small business ownership rule on hold as court eyes constitutionality (archive.today)
Source (cnbc.com)
>A federal appeals court has halted enforcement of the Corporate Transparency Act (CTA), an anti-money laundering measure requiring small businesses to disclose beneficial ownership information, drawing praise from America’s biggest small business lobby, which has panned the law as “burdensome” and battled it in court.
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[Source](https://www.zerohedge.com/political/appeals-court-halts-enforcement-beneficial-ownership-reporting-requirement-small)
More
[Treasury small business ownership rule on hold as court eyes constitutionality](https://archive.today/9YkCr)
[Source](https://www.cnbc.com/2024/12/30/treasury-delays-beneficial-ownership-reporting-deadline-for-small-businesses.html)