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The International Entrepreneur Rule, which was finalized days before former President Barack Obama left office, has been sent to the Office of Management and Budget for further review. The additional review will likely delay the rule’s scheduled July 17 implementation and could signal the Trump administration’s intent to keep it from taking effect at any point during Trump’s presidency.
Key points:
BAL Analysis: While the rule has not been officially scrapped, it appears increasingly unlikely that it will take effect during the Trump administration.
This alert has been provided by the BAL U.S. Practice group. For additional information, please contact BerryApplemanLeiden@bal.com.
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