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S. 638

BillFederalSenateIn Committee
To amend the Securities Act of 1934 to require country-by-country reporting.
About This Bill
Committee
Latest Action · September 12, 2023
Committee on Banking, Housing, and Urban Affairs. Hearings held.
Congress
118th (2023–2025)
Introduced
March 2, 2023
Cosponsors (11)
10D 0R
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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.)

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