To amend the Securities Exchange Act of 1934 to require country-by-country reporting.
Key claim: HR9761 would amend the Securities Exchange Act of 1934 to require country-by-country reporting by covered issuers.
Abstract
(HR9761 · 119th Congress) Latest action (2026-07-16): Referred to the House Committee on Financial Services.
Why this matters
Country-by-country reporting has historically been an OECD/BEPS tax-administration concept implemented through IRS filings; routing it through the Securities Exchange Act would shift disclosure into public securities filings, exposing multinationals’ per-jurisdiction tax payments, revenues, and profits to investors and the general public. The appearance of both House (HR9761) and Senate (S5019) versions signals bicameral interest in making large multinational issuers—not just private tax authorities—the audience for tax transparency data.