US treasury halts enforcement of corporate transparency act and BOI reporting, Donald Trump says ‘exciting news’ – The Times of India
File photo: US President Donald Trump (Picture credit: ANI) The US treasury department announced Sunday that it will no longer enforce the Corporate Transparency Act (CTA) and its associated Beneficial Ownership Information (BOI) reporting requirements.The decision effectively suspends penalties for US citizens and domestic companies, shifting enforcement efforts toward foreign businesses.The move was welcomed by…