To amend the Internal Revenue Code of 1986 to require greater transparency of corporate tax accounting measures, to facilitate analysis of financial statements, to permit inspection of true corporate tax liability and understand the tax strategies undertaken by corporations, to discourage abusive tax sheltering activities, and to restore investor confidence in publicly traded corporations.
Directs the Secretary of the Treasury to conduct a study of corporate tax shelter activity.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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