H.Res. 1269 · 117th Congress
Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary's possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.
- Stage
- Reported from committee
- Sponsor
- Kevin Hern
- Introduced
- 2022-07-26
- Latest action
- 2022-09-28 · Reported adversely by the Committee on Ways and Means. H. Rept. 117-518.
Summary
This resolution directs the Department of the Treasury to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication that refers or relates to (1) United States Pillar One tax revenue modeling data and reports estimating the impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the U.S. Treasury. The OECD Pillar One agreement expands a country's authority to tax profits from companies that make sales into their country but don't have a physical location there.