BOI reporting for US LLCs (at least) temporarily suspended

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A “foreign reporting company” means any entity that is (i) a corporation, limited liability company,‌ or other entity; (ii) formed under the law of a foreign country; and (iii) registered‍ to do business in the United States by the filing of a document with a⁠ secretary of state or any similar office under the law of a state or Indian⁤ tribe.

A “domestic reporting company” means any entity that is (i) a corporation, (ii) a⁣ limited liability company, or (iii) created by the filing of a document with a secretary⁢ of state or any similar office under the law of a state or Indian tribe.︀
 
Maga.
if they manage to bring back easy banking for foreign owners and‌ make apple devices the best crypto hardware wallets im all sold.
 
yeah they have an america first investment policy going on and it's going to be‌ interesting, but it's mainly focus on China china china being the enemy:
https://www.whitehouse.gov/presidential-actions/2025/02/america-first-investment-policy/

"America’s investment‍ policy is critical to our national and economic security. Welcoming foreign investment and strengthening the⁠ United States’ world-leading private and public capital markets will be a key part of America’s⁤ Golden Age. The United States has the world’s most attractive assets, in technology and across⁣ our economy, and we will make it easier for our overseas allies to support United⁢ States jobs, United States innovators, and United States economic growth with their capital."

" (h)︀ The United States will continue to welcome and encourage passive investments from all foreign persons.︁ These include non-controlling stakes and shares with no voting, board, or other governance rights and︂ that do not confer any managerial influence, substantive decisionmaking, or non-public access to technologies or︃ technical information, products, or services. This will allow our cutting-edge businesses to continue to benefit︄ from foreign investment capital, while ensuring protection of our national security."

About BOIR
trump talks︅ about american citizens in the post below, but then goes saying "american businesses too"... so︆ who knows.
 
This is why I drag my feet until the day before any deadline when it‌ comes to US government paperwork.
 
Under scheme which was provided by @marioIT US LLC‍ even if owned by foreign shareholder is not considered foreign reporting company as it would⁠ be incorporated under US/US state laws.

However, I'd wait for final FinCEN rulemaking to see⁤ whether this position would remain unchanged.
 
Seems like at the moment there is still a deadline but no fines applies? what's‌ the point of keeping the deadline then
 
CTA is dead in the water, they can't enforce, any enforcement at this point would‌ violate procedural due process since no one knows if the CTA is dead or alive.‍
 
Get rid of the company and setup a new one, maybe in‍ another state!
 
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