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Melissa Wiley of Kostelanetz LLP provides an update on the Corporate Transparency Act’s legal status after Treasury announced it would not enforce penalties against domestic companies. 

Listen to our previous episodes on the CTA:

• The Corporate Transparency Act: Recent Challenges and Confusion
• Navigating the Corporate Transparency Act

For more coverage, read the following in Tax Notes:

• Corporate Transparency Act Found to Violate Fourth Amendment
• Treasury Announces Shift in CTA Focus to Foreign Companies
• FinCEN Pauses Beneficial Ownership Reporting Penalties

Follow us on X:

• David Stewart: @TaxStew
• Tax Notes: @TaxNotes

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This episode is sponsored by the University of California Irvine School of Law Graduate Tax Program. For more information, visit law.uci.edu/gradtax.

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Credits
Host: David D. Stewart
Executive Producers: Jasper B. Smith, Paige Jones
Showrunner: Jordan Parrish
Audio Engineers: Jordan Parrish, Peyton Rhodes