Requires large multinational companies to publicly report their profits and taxes paid in each country.
This bill would make certain large companies publicly report how much money they make and pay in taxes in every country they operate. This would give the public and regulators a clearer picture of their global finances, changing how these companies disclose their tax information. The Securities and Exchange Commission would create new rules and make this data public online.
Today, companies are not explicitly required to publicly share their financial performance or tax details for each country where they operate. If this bill passes, certain large multinational companies would have to submit these detailed reports to the Securities and Exchange Commission, which would then make them public online in a machine-readable format.
HR 9761 · 119th Congress · July 16, 2026 · AI Summary by gemini-2.5-flash · 5/10
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