1. Short title This Act may be cited as the Disclosure of Tax Havens and Offshoring Act . 2. Country-by-country reporting (a) Country-by-Country reporting Section 13 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78m ) is amended by adding at the end the following: (t) Disclosure of financial performance on a country-by-Country basis (1) Definitions In this subsection— (A) the term constituent entity means, with respect to a covered issuer, any separate business entity of the covered issuer; (B) the term covered issuer means an issuer that is a member of a multinational enterprise group that has annual revenue for the preceding calendar year of not less than an amount determined by the Commission to conform to United States or international standards for country-by-country reporting; and (C) the term tax jurisdiction — (i) means a jurisdiction that— (I) is not a country; and (II) has fiscal autonomy