Support Ukraine Through Our Tax Code Act
Sponsored By: Representative Schneider, Bradley Scott [D-IL-10]
Unknown
Summary
Support Ukraine Through Our Tax Code Act This bill denies the foreign tax credit and the tax deduction for income, war profits, and excess profits taxes paid to Russia and Belarus. The bill also denies certain other tax benefits in connection with the invasion of Ukraine, including any tax treaty benefits and exemptions from withholding requirements. The bill suspends tax information exchanges for Russia and Belarus under a tax treaty or an intergovernmental agreement during the period of the Ukraine invasion.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Schneider, Bradley Scott [D-IL-10]
IL • D
Cosponsors
Rep. Golden, Jared F. [D-ME-2]
ME • D
Sponsored 5/27/2022
Rep. Bacon, Don [R-NE-2]
NE • R
Sponsored 5/27/2022
Rep. Carbajal, Salud O. [D-CA-24]
CA • D
Sponsored 5/27/2022
Rep. Baird, James R. [R-IN-4]
IN • R
Sponsored 5/27/2022
Rep. Kinzinger, Adam [R-IL-16]
IL • R
Sponsored 5/27/2022
Rep. Case, Ed [D-HI-1]
HI • D
Sponsored 6/9/2022
Roll Call Votes
No roll call votes available for this bill.
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