Support Ukraine Through Our Tax Code Act

S 4218 Support Ukraine Through Our Tax Code Act

US Congress 117th Congress

Support Ukraine Through Our Tax Code Act
S.4218

About S.4218

A bill to amend the Internal Revenue Code of 1986 to deny foreign tax credits or deductions with respect to taxes paid or accrued to the Russian Federation and the Republic of Belarus, to provide for the denial of certain other tax benefits in connection with the invasion of Ukraine, and for other purposes.

  

Bill Texts

Introduced 05/21/2022

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Sponsors (2)

Sen. Ron Wyden


Primary Sponsor

Sen. Rob Portman


Co-Sponsor

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History

Read Twice And Referred To The Committee On Finance.

05/12/2022

Subject(s)

Taxation Bank Accounts, Deposits, Capital Belarus Conflicts And Wars Congressional Oversight Employee Benefits And Pensions Europe Foreign And International Banking Foreign And International Corporations Income Tax Credits Income Tax Deductions Income Tax Exclusion Interest, Dividends, Interest Rates International Law And Treaties Military Operations And Strategy Russia Sales And Excise Taxes Securities Tax Administration And Collection, Taxpayers Taxation Of Foreign Income Transportation Costs U.s. And Foreign Investments Ukraine