117-hr-7901117th Congress

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.

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

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.

View on Congress.gov
Back to Legislation