S 638 · 118th Congress · Finance and Financial Sector

Disclosure of Tax Havens and Offshoring Act

Introduced 2023-03-02· Sponsored by Sen. Van Hollen, Chris [D-MD]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking, Housing, and Urban Affairs. Hearings held.(2023-09-12)

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

Cosponsors (11)

10 Democrats1 Independent