Possible relief from reporting of beneficial ownership information?

[Tip Mallick]

Just came across an article. The Corporate Transparency Act (CTA) has been declared unconstitutional by the United States District Court for the Northern District of Alabama. The CTA required information about the beneficial ownership of companies registered to do business in the US starting Jan 1, 2024.

Link to article:

https://www.natlawreview.com/article/us-corporate-transparen...