A federal judge in Alabama sided with a small business trade association and ruled a key component of the Corporate Transparency Act unconstitutional.
It’s a blow to the Biden administration and related efforts to improve money laundering controls among smaller business entities, though we expect an appeal.
![Subscripion logo](https://punchbowl.news/wp-content/themes/punchbowl-news/assets/images/vault_icon.png)
Become a Premium Policy member to continue reading The Vault
Join The VaultAlready a subscriber? Log In