Corporate Transparency Act is Declared Unconstitutional in U.S. District Court

Months after the Corporate Transparency Act (CTA) went into effect, a federal court has found it unconstitutional, ruling that it exceeds the Constitution’s limits on Congress’ power. On March 1, 2024, U.S. District Court Judge in Alabama issued a 53-page opinion granting summary judgment for the National Small Business Association and held that the Corporate […]