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HCH Legal's Greg Cirillo comments on the recent ruling that the Corporate Transparency Act is unconstitutional. Is the CTA dead? (Spoiler: No.)

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(Huntsville, Alabama) In a ruling issued on Friday, March 1, 2024, Judge Liles Burke of the U.S. District Court in Huntsville, Alabama struck down the 2021 Corporate Transparency Act, ruling that the United States’ Treasury Department cannot require some small businesses to report personal details about their owners - and thereby relieving business jet owners, many of whom maintain ownership structures involving multiple entities in the ownership and operation of each aircraft, of the compliance burden associated with the former law, according to HCH Legal Founding Member Greg Cirillo. More at The FLY Report: https://lnkd.in/eMc7pnxn #CTA #transparency #treasurydepartment #businessaviation Fraser Trebilcock

Judge's March 1 Ruling Finds Corporate Transparency Act Is Unconstitutional: Implications for Biz Av - The FLY Report

Judge's March 1 Ruling Finds Corporate Transparency Act Is Unconstitutional: Implications for Biz Av - The FLY Report

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