S. 638 · 118th Congress
Disclosure of Tax Havens and Offshoring Act
- Stage
- In committee
- Sponsor
- Chris Van Hollen
- Introduced
- 2023-03-02
- Latest action
- 2023-09-12 · Committee on Banking, Housing, and Urban Affairs. Hearings held.
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.)