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CTA Effectively Dead

By Lindsay S. Smith on March 2, 2025
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While you were busy watching the Oscars, the Treasury Department announced that it will take no enforcement action for failure to file CTA beneficial ownership reports. Moreover, the Department announced that its upcoming rules will apply to foreign entities only. This means that, unless your HOA is incorporated outside of the United States, the CTA is dead. Thanks for sticking with us during this roller coaster! Now, back to your regularly scheduled broadcast… Who will win Best Picture??? I haven’t watched anything…been too busy watching the CTA!

Photo of Lindsay S. Smith Lindsay S. Smith

Lindsay Smith is a partner at WLPP Law, where she practices in general community association and real estate law. She provides legal representation in covenant enforcement, document amendment, and general association litigation; contract and document drafting and review; general business and governance advice…

Lindsay Smith is a partner at WLPP Law, where she practices in general community association and real estate law. She provides legal representation in covenant enforcement, document amendment, and general association litigation; contract and document drafting and review; general business and governance advice for association clients; and meeting protocols.

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  • Posted in:
    Corporate Governance and Compliance
  • Blog:
    Colorado Homeowners Association Law
  • Organization:
    Winzenburg, Leff, Purvis & Payne, LLP
  • Article: View Original Source

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