Trump Understands the Unconstitutional “Corporate Transparency Act” is an Invasive Burden on Small Businesses and Farms

Trump Understands the Unconstitutional “Corporate Transparency Act” is an Invasive Burden on Small Businesses and Farms

Trump takes action after outcry from American small business owners; ATR continues to support full repeal via the Repealing Big Brother Overreach Act sponsored by Sen. Tommy Tuberville and Rep. Warren Davidson President Trump and Treasury Secretary Bessent took action this week to protect American small businesses as the unconstitutional and misnamed “Corporate Transparency Act” deadline approached. As ATR noted last week, the CTA would create a…

“Corporate Transparency Act” is an Invasive Burden on Small Businesses and Farms

(John Kartch | Americans for Tax Reform) - President Trump and Treasury Secretary Bessent took action this week to protect American small businesses as the unconstitutional and misnamed “Corporate Transparency Act” deadline approached. As ATR noted last week, the CTA would create an enormous federal database filled with 30 million driver license image scans of American small business owners,...

Secretary Raffensperger Urges President Trump to Repeal FinCEN Reporting Requirements - The Citizen

Georgia Secretary of State Brad Raffensperger, along with several of his colleagues from across the country, sent President Donald J. Trump a formal request urging the immediate repeal of the Corporate Transparency Act (CTA). The letter highlights the significant burden placed on small businesses by the Beneficial Ownership Information (BOI), commonly known as FinCEN reporting requirements, as well as the numerous issues with its implementation …

Federal judge in Grand Rapids strikes down Corporate Transparency Act as unconstitutional

A federal judge in Grand Rapids has declared a law requiring businesses to report their ownership to the government as unconstitutional.  Judge Robert Jonker ruled that the Corporate Transparency Act violates the U.S. Constitution’s Fourth Amendment protections against unreasonable search and seizure and is unenforceable.  “In the Court’s view, this massive collection... Please login to read all 1123 words.

Trump's Latest Corporate Transparency Act Move Ignites Questions

The Treasury Department’s announcement that it won’t enforce the Corporate Transparency Act against US citizens or domestic reporting companies offers major relief to filing holdouts while at the same time raises concerns about fulfilling the law’s goals of combating transnational financial crime.

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