Media Mention
Business Ownership Reporting Requirement Placed on Hold by Federal Judge
Barron's
Tax Partner Sky Moore spoke to Barron's about a federal judge's recent decision to halt enforcement of the Corporate Transparency Act.
Excerpts:
“Even before determining constitutionality, it’s possible Congress overturns the CTA requirements based on their likely lack of effectiveness, says Schuyler M. Moore, a partner at Greenberg Glusker.
“The CTA requirements are a swing and a miss,” Moore says. “They’re making good guys spend money to comply, and bad guys either won’t file or will get somebody to sign as beneficial owner. No one will ever know.”
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