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- S.779
S.779: Stop Tax Haven Abuse Act
About This Bill
- Introduced March 13, 2019
- Latest Major Action March 13, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in Senate - March 13, 2019
Bill Summary
Stop Tax Haven Abuse Act This bill authorizes the Department of the Treasury to impose restrictions on foreign jurisdictions or financial institutions to counter money laundering and efforts to significantly impede U.S. tax enforcement. The bill amends the Internal Revenue Code to expand reporting requirements for certain foreign investments and accounts held by U.S. persons, establish a rebuttable presumption against the validity of...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| March 13, 2019 |
Read twice and referred to the Committee on Finance.
|
| March 13, 2019 |
Introduced in the Senate by Sheldon Whitehouse (D-R.I.) |