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H.R.1265 Stop Tax Haven Abuse Act, 111th Congress

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Official Bill Info

  • Latest Action: Mar 16, 2009 Referred to the Subcommittee on Courts and Competition Policy.

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  • Committee Assignment: House Committee on the Judiciary - Courts, Intellectual Property, and the Internet

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  • Committee Assignment: House Committee on Ways and Means

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  • Committee Assignment: House Committee on Financial Services

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  • Committee Assignment: House Committee on the Judiciary

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Bill Statistics on OpenCongress

  • 73% of users support H.R.1265

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    73% of users on OpenCongress.org, a free, non-partisan resource, support H.R.1265.
  • H.R.1265 has been viewed 24,761 times

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    H.R.1265 has been viewed 24,761 times on OpenCongress.org, a free, non-partisan resource.
  • Contribution Data

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    Supporting Organizations

    • AFL-CIO

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    • Daughters of Charity

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    • American Committees on Foreign Relations

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    • Americans for Democratic Action

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    • American Federation of State, County and Municipal Employees

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    • Bangladesh Development Research Center

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    • Caux Roundtable

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    • Center for Corporate Policy

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    • Citizens for Tax Justice

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    • Coalition on Human Needs

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    • Corp Watch

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    • Friends Fiduciary Corporation

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    • Global Financial Integrity

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    • Interfaith Council on Corporate Responsibility

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    • Medical Mission Sisters

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    • Missionary Oblates of Mary Immaculate

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    • National Consumer League

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    • National Women's Law Center

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    • New Rules for Global Finance

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    • Public Citizen

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    • Service Employees International Union

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    • Taxpayers for Common Sense

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    • United for a Fair Economy

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    • USAction

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    • OMB watch

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    • U.S. Public Interest Research Group

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    • Friends of the Earth

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    • Government Accountability Project

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    Most-commented sections of the bill text

    Highest Rated User Comments

    • On January 05, 2010, by cfdtoracle - FYI, we feel this bill is a mandatory option as employee representation and control is been regularly refused on those heaven Islands subsidiaries. Oracle is running tens of companies there. Please have a look here : http://oracle-tchooze-fr.blogspot.com/2009/12/sharing-code-of-ethics-goals.html

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      As noted by cfdtoracle, a user on OpenCongress.org, on January 05, 2010, "FYI, we feel this bill is a mandatory option as employee representation and control is been regularly refused on those heaven Islands subsidiaries. Oracle is running tens of companies there. Please have a look here : http://oracle-tchooze-fr.blogspot.com/2009/12/sharing-code-of-ethics-goals.html"
    • On February 22, 2010, by cfdtoracle - There is an other flaw in the existing Whisleblowing SOAX processes. Companies requiere compliance towards the "Corporate Ethics Code", and their local Law. However, there is no commitment to enforce distant law/regulation violations. For example, an employee in Cayman Islands is due to respect Cayman regulation and the Corporate Code. He may be asked to break US tax rules. Many Corporate Ethics Guides permits that, allowing such company to convey for example covert tax evasions, with an apparent compliance radar running blind.

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      As noted by cfdtoracle, a user on OpenCongress.org, on February 22, 2010, "There is an other flaw in the existing Whisleblowing SOAX processes. Companies requiere compliance towards the "Corporate Ethics Code", and their local Law. However, there is no commitment to enforce distant law/regulation violations. For example, an employee in Cayman Islands is due to respect Cayman regulation and the Corporate Code. He may be asked to break US tax rules. Many Corporate Ethics Guides permits that, allowing such company to convey for example covert tax evasions, with an apparent compliance radar running blind."
    • On September 01, 2009, by cfdtoracle - Many thanks for carrying this bill. Massive projects are beeing run in wealthy corporation to "optimize", the global taxes payed, through an impressive network of Tax Havens Holdings, price transfer changes. Please have a look here : http://oracle-tchooze-fr.blogspot.com/2009/07/employment-destruction.html Where will US get the funding for the recovery plan and wellfare funding ? Please look at this Oracle 10K Extract : "Fiscal 2009 Compared to Fiscal 2008: Provision for income taxes decreased during fiscal 2009 in comparison to fiscal 2008 due to a lower effective tax rate, which was primarily the result of a higher proportion of our worldwide taxable income being earned in lower tax rate jurisdictions." Isn't it time now for a renewal in citizenship, Citizen wellfare Politics ? - Politics that would enforce the world people voices, and rule the way corporations operates ? - Politics that would bring back trust in our world, in our economy, in our lives, for our children. TIA.

      Clicking this will add the following text:

      As noted by cfdtoracle, a user on OpenCongress.org, on September 01, 2009, "Many thanks for carrying this bill. Massive projects are beeing run in wealthy corporation to "optimize", the global taxes payed, through an impressive network of Tax Havens Holdings, price transfer changes. Please have a look here : http://oracle-tchooze-fr.blogspot.com/2009/07/employment-destruction.html Where will US get the funding for the recovery plan and wellfare funding ? Please look at this Oracle 10K Extract : "Fiscal 2009 Compared to Fiscal 2008: Provision for income taxes decreased during fiscal 2009 in comparison to fiscal 2008 due to a lower effective tax rate, which was primarily the result of a higher proportion of our worldwide taxable income being earned in lower tax rate jurisdictions." Isn't it time now for a renewal in citizenship, Citizen wellfare Politics ? - Politics that would enforce the world people voices, and rule the way corporations operates ? - Politics that would bring back trust in our world, in our economy, in our lives, for our children. TIA."

    Highly Rated Blog Articles

    • H.R.1265: To amend the Internal Revenue Code of 1986 to ... - March 29, 2011 by opencongress.org - Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build pub

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      As noted by opencongress.org on March 29, 2011, "Or, if you know of a news article about this bill to display here, email us the web address of this page and the web address of your suggested news article: Our editorial team will post relevant links as quickly as possible. Thanks for helping to build pub" (http://www.opencongress.org/bill/112-h1265/show)
    • Focus On What Matters | TexasSparkle | Chron.com - Houston Chronicle - December 04, 2010 by TexasSparkle - This week includes HR 1265 "Expressing support for the designation of March as National Essential Tremor Awareness Month" so don't think they aren't busy as bees wrapping up that important legislation too! ...

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      As noted by TexasSparkle on December 04, 2010, "This week includes HR 1265 "Expressing support for the designation of March as National Essential Tremor Awareness Month" so don't think they aren't busy as bees wrapping up that important legislation too! ..." (http://blogs.chron.com/texassparkle/2010/12/focus_on_what_matters.html)
    • Coups, nuclear deals and Gitmo detainees featured in 2009 FARA ... - December 01, 2010 by Sunlight Foundation Transparency Ecosystem - Among bills that were heavily lobbied on in 2009 were legislation in the House and Senate—respectively H.R. 1265 and S.506, the Stop Tax Haven Abuse Act—that aimed to crack down on tax havens. The bill that was introduced in March of ...

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      As noted by Sunlight Foundation Transparency Ecosystem on December 01, 2010, "Among bills that were heavily lobbied on in 2009 were legislation in the House and Senate—respectively H.R. 1265 and S.506, the Stop Tax Haven Abuse Act—that aimed to crack down on tax havens. The bill that was introduced in March of ..." (http://reporting.sunlightfoundation.com/2010/highlights-2009-small-nations-spending-big-lobbying-middle-easte/)

    Highly Rated News Articles

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