FinCEN Removes Beneficial Ownership (BOI) Reporting Requirements of U.S. Companies and U.S. Persons; Sets New Deadlines for Foreign Companies
FinCEN, the bureau within the United States Department of the Treasury that combats financial crimes through the collection, analysis, and sharing of financial intelligence, has issued an interim final rule removing the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) under the Corporate Transparency Act. All entities created in the […]
