FinCEN Finalizes Rule Exempting U.S. Companies and Persons from Corporate Transparency Act Reporting Requirements

The Financial Crimes Enforcement Network (FinCEN) has finalized a rule that permanently exempts U.S. companies and U.S. persons from beneficial ownership information (BOI) reporting requirements under the Corporate Transparency Act (CTA). This rule, scheduled for publication in the Federal Register on August 14, 2026, significantly narrows the CTA reporting regime and becomes effective upon publication.