HR 4938
118th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Foreign and international corporations
Securities
Securities and Exchange Commission (SEC)
Tax administration and collection, taxpayers
Taxation of foreign income
Disclosure of Tax Havens and Offshoring Act
Introduced: July 26, 2023
Introduced by:
Pettersen, Brittany
Democratic
· Colorado
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 26, 2023
Referred to the House Committee on Financial Services.
Jul 26, 2023
Introduced in House
Plain-English summary
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.)
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1