A new rule approved on August 14 by the US Treasury Department permanently exempts US companies and citizens from reporting beneficial ownership, as required by the Corporate Transparency Act.
The measure, which also includes the deletion of previously submitted data, maintains obligations for…
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Treasury Department
US sovereign debt surpasses $40 trillion
The US economy is facing a setback as a result of decisions made since 2015 by President Donald Trump, the Supreme Court's ruling that the president's tariff collection was illegal, and federal government spending that exceeds revenue by $2…
The United States extends Citgo auction until March
A new license issued by the US Treasury Department's Office of Foreign Assets Control (OFAC) has extended the auction of the Citgo refinery until March.
The document states that it "temporarily prevents creditors from invoking US courts to…
US Treasury to stop producing one-cent coins
On Sunday, February 9, it was learned that the President of the United States, Donald Trump, ordered the Secretary of the Treasury, Scott Bessent, to stop the production of one-cent coins, considering this high cost a waste for the nation.…