# 114-hr-4297: To impose certain requirements on the Secretary of the Treasury relating to transmittals of country-by-country reports for purposes of the Base Erosion and Profit Shifting Action Plan.

114-hr-4297, To impose certain requirements on the Secretary of the Treasury relating to transmittals of country-by-country reports for purposes of the Base Erosion and Profit Shifting Action Plan., is a 114th Congress bill sponsored by Rep. Boustany, Charles W., Jr. [R-LA-3] (R-LA); status Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-4297
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-4297
- Congress: 114
- Title: To impose certain requirements on the Secretary of the Treasury relating to transmittals of country-by-country reports for purposes of the Base Erosion and Profit Shifting Action Plan.
- Status: Referred to the Committee on Ways and Means, and in addition to the Committee on Foreign Affairs, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
- Introduced: 2015-12-18
- Sponsor: Rep. Boustany, Charles W., Jr. [R-LA-3] (R-LA)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill expressly prohibits the Department of the Treasury from collecting from a U.S. person or transmitting to any foreign jurisdiction any country-by-country report (CbCR) information of any U.S. person for taxable years beginning before January 1, 2017. CbCR information is used by the Organization for Economic Cooperation and Development to develop its Base Erosion and Profit Shifting (BEPS) Action Plan to increase the transparency of transfer pricing practices and other tax transactions of multinational business enterprises. Treasury must: (1) suspend the transmittal of CbCR information of any U.S. person to a foreign jurisdiction if it determines that such jurisdiction is abusing BEPS master file documentation requirements or failing to safeguard the confidentiality of information required in the master file, and (2) report to the congressional tax committees on allegations or reports received concerning the abuse of master file documentation requirements and any actions taken with respect to such allegations.

## Related bills

- 114-hr-6433: Protect the Flag Act
- 114-hr-6404: Medicare Home Health Flexibility Act of 2016
- 114-hr-6277: Veterans' Health Care Safety Act of 2016
- 114-hr-6228: To amend the Internal Revenue Code of 1986 to extend and modify the alternative fuel and alternative fuel mixture credits.
- 114-hr-6176: Export Control Reform Act
- 114-hr-6169: Ending Legacy Lawsuit Abuse Act

## Sources
- [114-hr-4297 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/4297)

## Related
- [114-hr-6433: Protect the Flag Act](https://policyrisk.com/legislation/114-hr-6433)
- [114-hr-6404: Medicare Home Health Flexibility Act of 2016](https://policyrisk.com/legislation/114-hr-6404)
- [114-hr-6277: Veterans' Health Care Safety Act of 2016](https://policyrisk.com/legislation/114-hr-6277)
- [114-hr-6228: To amend the Internal Revenue Code of 1986 to extend and modify the alternative…](https://policyrisk.com/legislation/114-hr-6228)
- [114-hr-6176: Export Control Reform Act](https://policyrisk.com/legislation/114-hr-6176)
- [114-hr-6169: Ending Legacy Lawsuit Abuse Act](https://policyrisk.com/legislation/114-hr-6169)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-4297 (as of 2025-11-18).