On March 2, 2025, the Treasury Department announced it will not enforce any penalties or fines associated with the BOI reporting rule under the existing regulatory deadlines, and further not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners after the rule changes take effect. Treasury will further issue a proposed rulemaking that will narrow the scope of the rule to foreign reporting companies only.
ComplianceDecember 17, 2024
On-demand webinar: Be prepared for beneficial ownership compliance
Listen to this on-demand webinar where we share the latest information from FinCEN on the Corporate Transparency Act (CTA) and provide a guide to filing BOI reports.
Be prepared for beneficial ownership compliance
Our experts discuss the key benefits of CT Corporation's BOI platform and explain how it can help simplify the filing process, keep your information safe, save hours on each filing, and ensure your beneficial ownership information is up to date so you are prepared to file.
Expert guides:
Anirudh John
Associate Director of Product Management
Anirudh is leading the development of CT Corporation’s Beneficial Ownership platform, with a special focus on the customer experience. He is well versed with the new Corporate Transparency Act regulations.
David Spencer
Director, Compliance and Government Operations
Dave leads the Business Compliance and Government Relations teams for CT Corporation in the Financial & Corporate Compliance (FCC) business unit of Wolters Kluwer. The responsibilities of his team include providing nationwide regulatory and compliance information relating to business entity and UCC filings, providing legal education and authoring CT publications, oversight of registered agent service of process matters, and government relations activities.
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