(NAFB.com) – The National Cattlemen’s Beef Association says a recent decision putting the Corporate Transparency Act reporting requirements on hold is “confusing.” Kent Bacus, NCBA Executive Director of Government Affairs, says the U.S. Fifth Circuit Court reversed the ruling it had issued before Christmas and has instead decided to uphold the injunction blocking the Corporate Transparency Act from taking effect. “This means U.S. cattle producers have yet another reprieve from filing beneficial ownership information with the U.S. Treasury’s Financial Crimes Enforcement Network, or FinCen,” Bacus says. “These court rulings have gone back and forth and continue to add to the overall confusion.” He also says NCBA urges all cattle producers to consult with their attorney and tax professional for the latest information in case of more changes. “NCBA is continuing to urge Congress to pass legislation that will permanently protect cattle farmers and ranchers from this burdensome mandate,” Bacus added.