Republican Senator Thom Tillis anticipates a delay in the 'revenge tax' set to impact foreign companies, as Wall Street and businesses voice concerns. Is Congress ready for a change?
In a surprising policy shift, U.S. businesses are no longer required to report beneficial ownership information under the Corporate Transparency Act. This decision has sparked controversy, with critics claiming it aids criminals and foreign oligarchs. The Treasury Department announced the change, celebrating it as a win for small businesses while raising questions about the future of corporate accountability. What does this mean for the fight against money laundering?
