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- S.506
S.506: Stop Tax Haven Abuse Act
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about taxation
- Introduced March 2, 2009
- Latest Major Action March 2, 2009
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (5 Democrats, 1 Independent Democrat)
Bill Summary
Stop Tax Haven Abuse Act - Amends Internal Revenue Code provisions relating to tax shelter activities to: (1) establish legal presumptions against the validity of transactions involving offshore secrecy jurisdictions (i.e., foreign tax havens identified in this Act and by the Secretary of the Treasury); (2) impose restrictions on foreign jurisdictions, financial institutions, or international transactions that are of primary money laundering...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| March 2, 2009 |
Introduced in the Senate by Carl Levin (D-Mich.) |