Breaking Down the Decision to Declare the Corporate Transparency Act Unconstitutional
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Breaking Down the Decision to Declare the Corporate Transparency Act Unconstitutional
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In this episode of "Corporate Transparency Talk," litigation attorney Eddie Jauregui is joined by corporate attorney Michael Titens as they discuss a recent federal decision involving the Corporate Transparency Act (CTA). In the case, the plaintiffs challenged the constitutionality of the CTA and Congress' ability to enact it. The government argued that Congress had authority to pass the CTA because it exercised its power to regulate interstate commerce, national security and tax administration, but the court ruled against the government in each argument. The conversation addresses the extent of the court's order, the potential for government appeals and further legal proceedings regarding the act's validity. Listen to this podcast to gain more insight on the CTA and for key information on how to ensure compliance with its requirements.