S.174: Stop Tax Haven Abuse Act

About This Bill

Bill Summary

Stop Tax Haven Abuse Act Authorizes the Secretary of the Treasury to impose restrictions on foreign jurisdictions or financial institutions operating in the United States that are of primary money laundering concern or that significantly impede U.S. tax enforcement. Amends the Internal Revenue Code to: expand reporting requirements for U.S. persons who hold an interest in a passive foreign investment company; establish a rebuttable...

(Source: Library of Congress)

Bill Actions

Date Description
Jan. 13, 2015
Read twice and referred to the Committee on Finance.
Jan. 13, 2015

Introduced in the Senate by Sheldon Whitehouse (D-R.I.)

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