S 638 · 118th Congress · Finance and Financial Sector
Disclosure of Tax Havens and Offshoring Act
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Banking, Housing, and Urban Affairs. Hearings held.(2023-09-12)
Plain Language Summary
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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