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"Having determined that Plaintiffs have carried their burden, the Court GRANTS Plaintiff’s Motion for a Preliminary Injunction. Therefore, the CTA, 31 U.S.C. § 5336 is hereby enjoined. Enforcement of the Reporting Rule, 31 C.F.R. 1010.380 is also hereby enjoined, and the compliance deadline is stayed under § 705 of the APA. Neither may be enforced, and reporting companies need not comply with the CTA’s January 1, 2025, BOI reporting deadline pending further order of the Court."
www.thecorporatecounsel.net/blog/2024/12/corporate-transparency-act-texas-court-issues-nationwide-injunction.html
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OK...but the feds can still lien and seize your shit. They own the banks. Unless someone is only ever operating in TX and using a TX credit union (most still have a master fed account for ACH and Wires) and never needs to move funds outside of TX. And what if someone had a qualified account tied to that operating entity. Feds can spank that too. I bet this is going to escalate to a higher court...in the meantime they're gonna be slapping fines and continuing mass audits.
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