Corporate Transparency Act: Enforcement Temporarily Halted Again

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If you’re feeling whiplash about the pending requirements, you’re not alone. The preliminary injunction from December 3, 2024 that temporarily prohibited the federal government from enforcing the Corporate Transparency Act (CTA) was briefly stayed on December 23, 2024 by a panel on the U.S. Court of Appeals for the Fifth Circuit. Beneficial ownership reporting obligations were to begin again with extended deadlines. However, on December 26, 2024, another panel on the same court vacated the order granting a stay of the original injunction. Reporting companies are once again no longer required to adhere to the filing deadlines outlined below. The Brewers Association will continue to monitor developments around the CTA and keep members informed.

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