The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) announced a notice of proposed rulemaking to extend the deadline for companies created or registered in 2024 to file their initial beneficial ownership information reports.
The proposal, announced Wednesday, would amend the reporting deadline for such companies to 90 days instead of the 30 days initially proposed. The rulemaking would not affect any other aspects of the rules, which could see changes before the end of the year regarding the reporting form.
