Tag: corporate_transparency_act

FinCEN Ends Beneficial Ownership Reporting for U.S. Businesses, Deletes Past Data

11 Aug 2026 4:34 p.m. · Source: Financial Crimes Enforcement Network

FinCEN has permanently ended beneficial ownership reporting for U.S. companies and persons under the Corporate Transparency Act. The agency will delete previously submitted data, while foreign entities must still report for foreign individuals.

Politics and Government Business Law Enforcement Federal Government Legal Economy FinCEN Beneficial Ownership Corporate Transparency Act Small Business U.S. Department of the Treasury Financial Regulation Reporting Requirements Financial Crimes Enforcement Network
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