Supreme Court Allows Law Requiring Small Businesses to Report Ownership Information

The high court lifted a Fifth Circuit ruling from Dec. 23 that halted the beneficial ownership reporting requirement.

The U.S. Supreme Court in Washington on Jan. 15, 2025. Madalina Vasiliu/The Epoch Times

The U.S. Supreme Court voted 8–1 on Jan. 23 to allow the federal government to enforce an anti-money laundering law that a lower court blocked late last year.

Justice Ketanji Brown Jackson dissented from the new ruling.