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H.R.3933 Foreign Account Tax Compliance Act of 2009, 111th Congress

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Official Bill Info

  • Latest Action: Oct 27, 2009 Referred to the House Committee on Ways and Means.

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    I know the most recent action for this bill is as follows: "Referred to the House Committee on Ways and Means." on Oct 27, 2009
  • Committee Assignment: House Committee on Ways and Means

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    This bill has been assigned to the House Committee on Ways and Means committee.

Bill Statistics on OpenCongress

  • 33% of users support H.R.3933

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    33% of users on OpenCongress.org, a free, non-partisan resource, support H.R.3933.
  • H.R.3933 has been viewed 22,289 times

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    H.R.3933 has been viewed 22,289 times on OpenCongress.org, a free, non-partisan resource.
  • Contribution Data

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    Supporting Organizations

    • U.S. Public Interest Research Groups

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      I know that the organization U.S. Public Interest Research Groups supports H.R.3933
    • Global Financial Integrity

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      I know that the organization Global Financial Integrity supports H.R.3933
    • Internal Revenue Service

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      I know that the organization Internal Revenue Service supports H.R.3933

    Opposing Organizations

    • Australian Banking Association

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      I know that the organization Australian Banking Association opposes H.R.3933
    • American Citizens Abroad

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      I know that the organization American Citizens Abroad opposes H.R.3933
    • U.S. Chamber of Commerce

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      I know that the organization U.S. Chamber of Commerce opposes H.R.3933
    • European Fund and Management Association

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      I know that the organization European Fund and Management Association opposes H.R.3933
    • Swiss Bankers Association

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      I know that the organization Swiss Bankers Association opposes H.R.3933
    • State Street Bank and Trust

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      I know that the organization State Street Bank and Trust opposes H.R.3933
    • American Bankers Association

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      I know that the organization American Bankers Association opposes H.R.3933
    • Securities Industry and Financial Markets Association

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      I know that the organization Securities Industry and Financial Markets Association opposes H.R.3933
    • Clearing House

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      I know that the organization Clearing House opposes H.R.3933
    • European Banking Federation

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      I know that the organization European Banking Federation opposes H.R.3933
    • Institute of International Bankers

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      I know that the organization Institute of International Bankers opposes H.R.3933
    • International Capital Markets Services Association

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      I know that the organization International Capital Markets Services Association opposes H.R.3933
    • Investment Fund Institute of Canada

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      I know that the organization Investment Fund Institute of Canada opposes H.R.3933
    • The Investment Industry Association of Canada

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      I know that the organization The Investment Industry Association of Canada opposes H.R.3933
    • Euroclear Bank

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      I know that the organization Euroclear Bank opposes H.R.3933
    • The Financial Services Roundtable

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      I know that the organization The Financial Services Roundtable opposes H.R.3933
    • International Capital Market Association

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      I know that the organization International Capital Market Association opposes H.R.3933
    • International Swaps and Derivatives Association

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      I know that the organization International Swaps and Derivatives Association opposes H.R.3933
    • Managed Funds Association

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      I know that the organization Managed Funds Association opposes H.R.3933
    • Covington & Burling LLP

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      I know that the organization Covington & Burling LLP opposes H.R.3933
    • Credit Suisse

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      I know that the organization Credit Suisse opposes H.R.3933
    • American Institute of Certified Public Accountants

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      I know that the organization American Institute of Certified Public Accountants opposes H.R.3933

    Most-commented sections of the bill text

    • (1 comments, Link )

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      specifically, this section of the legislation: "",
    • (1 comments, Link )

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      specifically, this section of the legislation: "",

    Highest Rated User Comments

    • On January 07, 2010, by MercilessPit - Interesting that the senator that writes the tax code (law), and conveniently didn't know he was supposed to pay taxes on his own foreign property, comes up with this bill to make sure other individuals pay their taxes on foreign properties. Kinda shady, eh? Charles Rangle should be indicted and imprisoned.

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      As noted by MercilessPit, a user on OpenCongress.org, on January 07, 2010, "Interesting that the senator that writes the tax code (law), and conveniently didn't know he was supposed to pay taxes on his own foreign property, comes up with this bill to make sure other individuals pay their taxes on foreign properties. Kinda shady, eh? Charles Rangle should be indicted and imprisoned."

    Highly Rated Blog Articles

    • Conservatives, what do you make of the Foreign Account Tax ... - September 29, 2011 by admin - http://www.govtrack.us/congress/bill.xpd?bill=s111-1934 · http://thomas.loc.gov/cgi-bin/bdquery/z?d111:s.01934: Then there is HR 3933 and it looks the same. http://www.opencongress.org/bill/111-h3933/show ...

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      As noted by admin on September 29, 2011, "http://www.govtrack.us/congress/bill.xpd?bill=s111-1934 · http://thomas.loc.gov/cgi-bin/bdquery/z?d111:s.01934: Then there is HR 3933 and it looks the same. http://www.opencongress.org/bill/111-h3933/show ..." (http://www.personalfinancepulse.com/2011/09/29/conservatives-what-do-you-make-of-the-foreign-account-tax-compliance-act-that-congress-recently-passed/)
    • US tables new Anti-Tax Haven Legislation - September 12, 2010 by Anti Money Laundering Blog - 1 Jun 2010

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      As noted by Anti Money Laundering Blog on September 12, 2010, "1 Jun 2010 " (http://www.google.com/interstitial?url=http://anti-money-laundering.offshore-journals.com/us-tables-new-anti-tax-haven-legislation/524/)
    • S.1934 Title: Foreign Account Tax Compliance Act - September 01, 2010 by Legislationwatch - Sponsor: Sen Baucus, Max [MT] (introduced 10/27/2009) Cosponsors (2) Related Bills: HR3933, HR4213 Latest Major Action: 10/27/2009 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance. ...

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      As noted by Legislationwatch on September 01, 2010, "Sponsor: Sen Baucus, Max [MT] (introduced 10/27/2009) Cosponsors (2) Related Bills: HR3933, HR4213 Latest Major Action: 10/27/2009 Referred to Senate committee. Status: Read twice and referred to the Committee on Finance. ..." (http://legislationwatch.devhub.com/blog/535146-s1934-title-foreign-account-tax-compliance-act/)

    Highly Rated News Articles

    • The “Hiring Incentives to Restore Employment” Act of 2010 - June 21, 2010 by - On March 18, 2010, president Obama signed the "Hiring Incentives to Restore Employment Act of 2010" (the "Act") into law. This will dramatically affect most non-US financial institutions, funds and collective investment structures as well as many trustees and family offices investing through these entities by providing the IRS with "new tools to find and prosecute US individuals that hide assets overseas.

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      As noted by on June 21, 2010, "On March 18, 2010, president Obama signed the "Hiring Incentives to Restore Employment Act of 2010" (the "Act") into law. This will dramatically affect most non-US financial institutions, funds and collective investment structures as well as many trustees and family offices investing through these entities by providing the IRS with "new tools to find and prosecute US individuals that hide assets overseas." (http://www.withersworldwide.com/news-publications/705/the-hiring-incentives-to-restore-employment-act-2010.aspx)
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