HR 4938 · 118th Congress · Finance and Financial Sector

Disclosure of Tax Havens and Offshoring Act

Introduced 2023-07-26· Sponsored by Rep. Pettersen, Brittany [D-CO-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Disclosure of Tax Havens and Offshoring Act 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.) …

Summarized by Claude AI · Non-partisan · For informational purposes only