11th Circuit Upholds Corporate Transparency Act
FACT policy director Zorka Milin was quoted by Thomson Reuters in their coverage of the 11th Circuit Court’s decision upholding the CTA.
This decision “doesn’t directly change the Treasury’s rule implementing the CTA… but it does resoundingly validate the CTA as originally enacted by Congress,” said Milin. The Treasury should “take into account Congressional intent and reverse its unlawful and unconstitutional IFR from March.”
