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The CTA which requires most US business entities, including most corporate brokerages, to report stakeholder information to the Treasury Department was preliminarily blocked nationwide by a Texas federal court on Tuesday, Dec. 3, 2024. As such, neither the CTA nor its reporting requirements can currently be enforced, and all reporting deadlines have been stayed nationwide.
The final reporting deadline was supposed to be Jan. 1, 2025 (for entities in existence as of Jan. 1, 2024). This would have applied to most corporate brokerages including agent owned corporations used primarily for tax purposes.
Since it is unknown whether the stay of enforcement will be upheld by an appellate court, it is recommended that business entities prepare their reports now but refrain from filing them until further notice.
The December marketing digest provides an overview of activity on the California Avocado Commission's consumer-facing website.
Strong Post-Season Website Activity
Post-season website activity remains a crucial period for maintaining brand visibility and engagement with audiences. Consistently high website activity during post- and pre-season positions CAC as a trusted resource and keeps the brand top of...