After all the whiplash, the Trump Administration is making yet another change to the Beneficial Ownership Information (BOI) requirement. The Treasury Department announced it would not enforce the significant penalties if you choose not to file the BOI. The Trump Administration also said it would propose a new rule to narrow the scope of which types of businesses must file the BOI. Treasury says the focus would be on foreign companies. But there may be an issue with this. This video explains what it is.