Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary's possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.

Bill: 117-hres-1269
Sponsor: full_name: Rep. Hern, Kevin [R-OK-1]
Introduced: 2022-07-26
Policy area: Taxation
Subjects: Congressional oversight

Congressional-executive branch relations

Department of the Treasury

Foreign and international corporations

Government information and archives

Presidents and presidential powers, Vice Presidents

Sales and excise taxes
Latest action: action_date: 2022-09-28
text: Placed on the House Calendar, Calendar No. 125.

Summaries:
action_date: 2022-07-26
action_desc: Introduced in House
text: <p>This resolution directs the Department of the Treasury to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication that refers or relates to (1) United States Pillar One tax revenue modeling data and reports estimating the impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the U.S. Treasury. The OECD Pillar One agreement expands a country's authority to tax profits from companies that make sales into their country but don't have a physical location there.</p>

action_date: 2022-09-28
action_desc: Reported to House
text: <p>This resolution directs the Department of the Treasury to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication that refers or relates to (1) United States Pillar One tax revenue modeling data and reports estimating the impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the U.S. Treasury. The OECD Pillar One agreement expands a country's authority to tax profits from companies that make sales into their country but don't have a physical location there.</p>

tv_txt: IV 117th CONGRESS 2d Session H. RES. 1269 IN THE HOUSE OF REPRESENTATIVES July 26, 2022 Mr. Hern (for himself and Mr. Brady ) submitted the following resolution; which was referred to the Committee on Ways and Means RESOLUTION Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary’s possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.

That the Secretary of the Treasury is directed to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication of the Department of Treasury in the Secretary’s possession, that refers or relates to— (1) United States Pillar One tax revenue modeling data and reports estimating the direct and indirect impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the United States Treasury.

tv_txt: IV House Calendar No. 125 117th CONGRESS 2d Session H. RES. 1269 [Report No. 117–518] IN THE HOUSE OF REPRESENTATIVES July 26, 2022 Mr. Hern (for himself and Mr. Brady ) submitted the following resolution; which was referred to the Committee on Ways and Means September 28, 2022 Reported adversely from the Committee on Ways and Means , referred to the House Calendar, and ordered to be printed RESOLUTION Of inquiry directing the Secretary of the Treasury to provide certain documents in the Secretary’s possession to the House of Representatives relating to the impact of the OECD Pillar One agreement on the United States Treasury.

That the Secretary of the Treasury is directed to transmit to the House of Representatives, not later than 14 days after the adoption of this resolution, copies of any document, memo, correspondence, or other communication of the Department of Treasury in the Secretary’s possession, that refers or relates to— (1) United States Pillar One tax revenue modeling data and reports estimating the direct and indirect impact of the OECD Pillar One agreement on reallocating taxing rights from the United States to foreign jurisdictions, or (2) the economic effects of the OECD Pillar One agreement on the United States Treasury.

September 28, 2022 Reported adversely from the Committee on Ways and Means , referred to the House Calendar, and ordered to be printed