--- title: CTA BOIR Filing Obligations Suspended (Again) description: The US Treasury Department has suspended the March 21 deadline for Corporate Transparency Act (CTA) filing obligations. No penalties will be enforced, and the CTA's scope may be limited to foreign reporting companies only. Companies should assess risks of non-compliance in private contracts. For more details, contact your PLG attorney. image: https://ajplawgroup.com/hubfs/AdobeStock_1266963549.jpeg --- [Skip to content](https://ajplawgroup.com/plg-blog/cta-boir-filing-obligations-suspended-again#main-content) [![Paracuellos Law Group logo – California securities transaction law firm specializing in corporate compliance and business deals](https://ajplawgroup.com/hs-fs/hubfs/LOGO_lawfirm.png?width=1232&height=368&name=LOGO_lawfirm.png "Paracuellos Law Group logo – California securities transaction law firm specializing in corporate compliance and business deals")](https://ajplawgroup.com) - [Services](https://ajplawgroup.com#services) - [Team](https://ajplawgroup.com/paracuellos-law-group-team) - [Amanda Paracuellos](https://ajplawgroup.com/amanda-paracuellos-paracuellos-law-group) - [PLG Blog](https://ajplawgroup.com/plg-blog) - [Contact](https://ajplawgroup.com/contact-us-paracuellos-law-group) - [Site Map](https://ajplawgroup.com/site-map) - [CTA enforcement](https://ajplawgroup.com/plg-blog/tag/cta-enforcement) # CTA BOIR Filing Obligations Suspended (Again) - March 27, 2025 [Paracuellos Law Group PC](https://ajplawgroup.com/plg-blog/author/paracuellos-law-group-pc) CTA BOIR Filing Obligations Suspended (Again) We previously reported that US companies had until March 21 to complete their filing obligations under the Corporate Transparency Act (CTA).  That deadline has now been suspended – again.  In a March 2, 2025 press release, (https://home.treasury.gov/news/press-releases/sb0038), the US Treasury Department announced that it will not enforce any penalties or fines against U.S. citizens or domestic reporting companies or their beneficial owners for missing the March 21 deadline (or any others to be set in an upcoming "interim final rule" scheduled for release by March 21, 2025).   The release also indicated that Treasury intends to eventually restrict the CTA's scope to "foreign reporting companies only."  [![Let's Work Together](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/47138690/interactive-186043462256.png)](https://ajplawgroup.com/hs/cta/wi/redirect?encryptedPayload=AVxigLJ17itfvGZquogyy1k%2FHsJgNxjEPTT%2FnpIA0f%2BlMkqaIiq1V55wmGAnsMkqHPL2qmPPrpEAmEoA288xatSyi%2FvG6ZpXVxtt8GyCbLbsncM1HEhANEGIZbpLf0ceKXCcRFTog2XBcirvRinSguwjRTB5Ul7m0l6GhMZ%2Fn1trp%2FIhxT0%3D&webInteractiveContentId=186043462256&portalId=47138690) If you have been following the “on again” / “off again” status of the CTA over the last few months, you are already aware that the CTA would have required most corporations and LLCs doing business in the US to disclose personal information about their beneficial owners to a federal government agency called FINCEN.   While there are never any guarantees, Treasury’s latest announcement suspending enforcement seems in keeping with the current administration’s actions favoring de-regulation and cost cutting, so we are hopeful this new announcement will remain applicable for the foreseeable future. HOWEVER - One potential caveat is that, because Treasury has implemented this particular suspension of enforcement without an actual change to the law itself, companies subject to ongoing “compliance with laws” provisions in private contracts that are material (such as loan agreements) may want to assess any risks they could face from a “technical” breach of such provisions triggered by non-compliance with CTA.  Some companies may conclude that voluntary compliance with CTA is their safest approach.    Bottom line – US organized companies will not face any government enforcement action if they forgo CTA compliance.  If you would like to assess whether voluntary compliance might be appropriate for your company, please reach out to your PLG attorney. ## [Paracuellos Law Group PC](https://ajplawgroup.com/plg-blog/author/paracuellos-law-group-pc) Aspernatur aut id quasi velit rem. Laudantium saepe veritatis ipsa sit. Add a button link here ## RELATED NEWS Contribute on my charity work by your donation. [![](https://ajplawgroup.com/hubfs/AdobeStock_1126114675.jpeg)](https://ajplawgroup.com/plg-blog/how-indemnification-works-in-a-business-sale-who-pays-when-something-goes-wrong-after-closing) ### [How Indemnification Works in a Business Sale: Who Pays When Something Goes Wrong After Closing](https://ajplawgroup.com/plg-blog/how-indemnification-works-in-a-business-sale-who-pays-when-something-goes-wrong-after-closing) ## **I. What Indemnification Is** "Indemnification" literally means a promise to compensate another person for [damages](https://www.law.cornell.edu/wex/damages) or [...](https://www.law.cornell.edu/wex/loss) by Paracuellos Law Group PC [Learn More](https://ajplawgroup.com/plg-blog/how-indemnification-works-in-a-business-sale-who-pays-when-something-goes-wrong-after-closing) [![](https://ajplawgroup.com/hubfs/AdobeStock_2051855784.jpeg)](https://ajplawgroup.com/plg-blog/how-to-structure-earn-outs-without-regret-strategies-for-getting-paid-after-you-exit) ### [How to Structure Earn-Outs Without Regret: Strategies for Getting Paid After You Exit](https://ajplawgroup.com/plg-blog/how-to-structure-earn-outs-without-regret-strategies-for-getting-paid-after-you-exit) Earn-outs are how buyers & sellers sometimes bridge a disagreement over purchase price - less cash is paid at closing... by Paracuellos Law Group PC [Learn More](https://ajplawgroup.com/plg-blog/how-to-structure-earn-outs-without-regret-strategies-for-getting-paid-after-you-exit) [![](https://ajplawgroup.com/hubfs/bulb-test-2.jpg)](https://ajplawgroup.com/plg-blog/paracuellos-law-group-earns-double-ranking-in-chambers-spotlight-california-2026) ### [Paracuellos Law Group Earns Double Ranking in Chambers Spotlight California 2026](https://ajplawgroup.com/plg-blog/paracuellos-law-group-earns-double-ranking-in-chambers-spotlight-california-2026) ## Some milestones speak for themselves. This is one of them. by Paracuellos Law Group PC [Learn More](https://ajplawgroup.com/plg-blog/paracuellos-law-group-earns-double-ranking-in-chambers-spotlight-california-2026) [![Paracuellos Law Group logo – California securities transaction law firm specializing in corporate compliance and business deals](https://ajplawgroup.com/hs-fs/hubfs/LOGO_lawfirm.png?width=1232&height=368&name=LOGO_lawfirm.png "Paracuellos Law Group logo – California securities transaction law firm specializing in corporate compliance and business deals")](https://ajplawgroup.com) ![LF500-Honoree Seal 2025](https://ajplawgroup.com/hs-fs/hubfs/LF500-Honoree%20Seal%202025.png?width=730&height=938&name=LF500-Honoree%20Seal%202025.png "LF500-Honoree Seal 2025") ![LF500-Honoree Seal 2025](https://ajplawgroup.com/hubfs/LF500-Honoree%20Seal%202025.png "LF500-Honoree Seal 2025") [![chambers-spotlight-2026](https://ajplawgroup.com/hs-fs/hubfs/chambers-spotlight-2026.jpg?width=804&height=800&name=chambers-spotlight-2026.jpg "chambers-spotlight-2026")](https://chambers.com/law-firm/paracuellos-law-group-usa-spotlight-120:23797644) [![CABB Logo](https://ajplawgroup.com/hs-fs/hubfs/CABB%20Logo.png?width=1455&height=1455&name=CABB%20Logo.png "CABB Logo")](https://cabb.org/) 303 Broadway Street, Suite 104-29 Laguna Beach, CA 92651 +1 949-464-6490 - [Services](https://ajplawgroup.com#services) - [Team](https://ajplawgroup.com/paracuellos-law-group-team) - [PLG Blog](https://ajplawgroup.com/plg-blog) - [Contact](https://ajplawgroup.com/contact-us-paracuellos-law-group) - [Site Map](https://ajplawgroup.com/site-map) Follow Us On LinkedIn [Follow us on LinkedIn](https://www.linkedin.com/company/paracuellos-law-group-pc/) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Paracuellos Law Group PC", "url" : "https://ajplawgroup.com/plg-blog/author/paracuellos-law-group-pc" }, "dateModified" : "2025-03-31T23:43:53.640Z", "datePublished" : "2025-03-27T14:10:12.000Z", "headline" : "CTA BOIR Filing Obligations Suspended (Again)", "image" : [ "https://ajplawgroup.com/hubfs/AdobeStock_1266963549.jpeg" ], "mainEntityOfPage" : { "@id" : "https://ajplawgroup.com/plg-blog/cta-boir-filing-obligations-suspended-again", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://ajplawgroup.com/hubfs/LOGO_lawfirm.png" } } } ```