Small Businesses File Lawsuit Against Beneficial Ownership Requirements

From Google:

> The Corporate Transparency Act (CTA) is a federal law that requires certain entities to report information about their beneficial owners, or individuals who own or control a company.

> The CTA was enacted in 2021 to help prevent and combat money laundering, tax fraud, terrorist financing, and corruption.

I'm not convinced that the downside of some extra paperwork outweighs the value here. I also don't see how this violates any part of the constitution.