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Disclosure of Tax Havens and Offshoring Act
2/8/2022, 11:15 PM
Congressional Summary of HR 5933
Disclosure of Tax Havens and Offshoring Act
This bill requires certain 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.
Read the Full Bill
Current Status of Bill HR 5933
Bill HR 5933 is currently in the status of Bill Introduced since February 21, 2020. Bill HR 5933 was introduced during Congress 116 and was introduced to the House on February 21, 2020. Bill HR 5933's most recent activity was Referred to the House Committee on Financial Services. as of February 21, 2020
Bipartisan Support of Bill HR 5933
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
17Democrat Cosponsors
17Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5933
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
- Administrative law and regulatory procedures
- Foreign and international corporations
- Securities
- Securities and Exchange Commission (SEC)
- Tax administration and collection, taxpayers
- Taxation of foreign income
Alternate Title(s) of Bill HR 5933
Disclosure of Tax Havens and Offshoring Act
To amend the Securities Act of 1934 to require country-by-country reporting.
Disclosure of Tax Havens and Offshoring Act
Comments
Sponsors and Cosponsors of HR 5933
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