From the Florida Bar Journal
A Legal Roller Coaster: The Corporate Transparency Act
By Peter J. Guala and Morrie I. Levine
When originally enacted, millions of U.S. businesses and foreign entities registered to do business within the U.S. were impacted by the Corporate Transparency Act (CTA), which resulted in multiple federal lawsuits. Injunctions were issued back and forth. This article summarizes what the CTA required and where we are with the implementation of the law.