Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 4938: Disclosure of Tax Havens and Offshoring Act

Introduced

  1. Introduced (completed)Jul 26, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Jul 26, 2023

This bill requires certain members of a multinational enterprise group that are also issuers of securities to annually disclose information related to the tax jurisdiction, income, and assets of their constituent entities on a country-by-country basis. (Multinational enterprise groups have two or more entities with different tax jurisdictions.)

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Other bills by Brittany Pettersen

History

  1. Jul 26, 2023Introduced in the House by Brittany Pettersen.
Show the full action history (2 actions)
  1. Jul 26, 2023Introduced in House
  2. Jul 26, 2023Referred to the House Committee on Financial Services.