United States: Alabama Federal District Court Declares CTA Unconstitutional: Here's What You Need To Know - Venable LLP

Credit: Mondaq- Published on March 15, 2024
The Corporate Transparency Act (CTA), which became effective on January 1, 2024, was enacted to combat the use of shell companies by those seeking to evade anti-money laundering laws...

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On March 1, 2024, the U.S. District Court for the Northern District of Alabama (the "Court") issued an opinion declaring the Corporate Transparency Act ("CTA")...
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On March 1, 2024, a federal judge in the U.S. District Court for the Northern District of Alabama held the Corporate Transparency Act (CTA) unconstitutional.
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