# Treasury ends ownership reporting rules for U.S. companies
*Canonical page:* https://truthscore.com/source/46520301
*Machine twins:* https://truthscore.com/source/46520301.md · JSON at https://truthscore.com/api/v1

Publisher: The Washington Post · published 2026-08-12 · read 2026-09-11

Original: https://www.washingtonpost.com/business/2026/08/11/treasury-ends-ownership-reporting-rules-us-companies/

*A source is testimony, not proof. The document itself is never republished here.*

## Who is named (5)

- [American businesses](https://truthscore.com/entity/49d2b2dc)
- [Foreign companies and pooled investment vehicles](https://truthscore.com/entity/609efe68)
- [repealed rule](https://truthscore.com/entity/719bc6f6)
- [U.S. Treasury Department](https://truthscore.com/entity/bcba4d8b)
- [shell companies](https://truthscore.com/entity/dd46e6a0)

## What it added

- [The rules imposed an undue burden on American businesses.](https://truthscore.com/claim/c756bad4)
  > The rules, intended to combat money laundering and other financial crimes, imposed an undue burden on American businesses
- [The repeal makes it easier for criminals to use shell companies to avoid detection.](https://truthscore.com/claim/20194f2a)
  > Democrats said the repeal makes it easier for criminals to use shell companies to avoid detection.
- [The U.S. Treasury Department permanently repealed a rule Tuesday that required businesses formed in the United States to report who owns them to federal…](https://truthscore.com/claim/93fbae23)
  > The U.S. Treasury Department permanently repealed a rule Tuesday that required businesses formed in the United States to report who owns them to federal financial-crimes investigators.
- [Foreign companies and pooled investment vehicles must still report information about foreign owners.](https://truthscore.com/claim/691b5840)
  > Foreign companies and pooled investment vehicles (such as mutual funds or hedge funds) must still report information about foreign owners.
- [They will no longer have to identify Americans who help them register to do business in the U.S.](https://truthscore.com/claim/46ec936b)
  > But they will no longer have to identify Americans who help them register to do business in the U.S., according to a Treasury Department advisory.
- [Treasury will delete any information it has already collected about U.S. business owners.](https://truthscore.com/claim/e7b13452)
  > And Treasury will delete any information it has already collected about U.S. business owners, the advisory said.

## What it cost

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