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U.S. Treasury Backs Off Enforcement of Corporate Transparency Act for Businesses

U.S. Treasury Backs Off Enforcement of Corporate Transparency Act for Businesses

BUSINESS - 3/3/2025

In a surprising move, the U.S. Treasury Department has announced it won't enforce ownership disclosure rules under the Corporate Transparency Act, allowing small businesses a reprieve. This decision follows a court ruling and extends filing deadlines, sparking discussions on regulatory impacts.

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