Tag: beneficial_ownership_reporting

FinCEN Permanently Ends Beneficial Ownership Reporting for U.S. Businesses

11 Aug 2026 4:03 p.m. · Source: US Treasury

FinCEN permanently ends beneficial ownership reporting for U.S. companies and persons, deleting past data. Treasury Secretary Scott Bessent hails it as a victory for small businesses, fulfilling President Trump's promise to cut red tape.

Politics and Government Business Federal Government Economy General Politics FinCEN Beneficial Ownership Reporting Small Business U.S. Department of the Treasury Corporate Transparency Act Scott Bessent Government Policy US Treasury