Supreme Court Allows Corporate Transparency Act Enforcement (1)

The US Supreme Court on Thursday said it will allow the government to implement the Corporate Transparency Act, requiring millions of businesses to file information on their beneficial owners.

The justices stayed the injunction blocking the enforcement of the CTA, which requires US entities to disclose who owns and controls their businesses.

The move paves a path for the government to move ahead with enforcement of the law while its merits are being debated in the US Court of Appeals for the Fifth Circuit. That court plans oral arguments March 25.

It doesn’t, however, reinstate the Jan. 13 deadline to ...