BREAKING: A federal court in Texas has issued an order purporting to impose a NATIONWIDE preliminary injunction on enforcement of the Corporate Transparency Act, which requires most small businesses to report beneficial owner identifying information to the Financial Crimes Enforcement Network. No response from the Justice Department as of yet, but stay tuned. It is important to note that this is NOT A FINAL determination of the constitutionality (or lack thereof) of the CTA. View the order here.
I will be following this case and share as developments occur. For more details, see the original post here.