Scroll down to "C.3." under the FAQ:tomneal wrote: ↑Thu Dec 12, 2024 11:27 am BOI - Beneficial ownership information
https://www.irs.gov/businesses/report-b ... nformation
Today, I heard about BOI Deadline may be 1/1/2025
Does a NFA Gun Trust need to file a BOI?
Asking for a friend
https://www.fincen.gov/boi-faqs#A_6
Looks like trusts aren't required to submit BOI information, UNLESS the trust was created by submitting/filing something to the state. So, the "friend" you're asking for should be in the clear even if the BOI injunction goes away & this stupid reporting thing comes back. ((UNLESS your friend filed something with Texas when he created his trust)).
And unless the NFA trust owns a business, I'm thinking it's not the kind of trust that this is even talking about. But, I'm not a lawyer nor a C-suite smart guy. I'm all ears if anyone has a better understanding of this.