Sens. Portman, Wyden Introduce Bipartisan Bill to Disallow Foreign Tax Credits and Other Tax Benefits for Companies Operating in Russia
May 13, 2022
May 13, 2022
WASHINGTON, May 13 -- Sen. Rob Portman, R-Ohio, issued the following news release:
U.S. Senators Rob Portman (R-OH), Senate Finance Committee Member, and Ron Wyden (D-OR), Senate Finance Committee Chair, introduced legislation to disallow foreign tax credits for companies that pay taxes to the Russian government, and other tax benefits.
"American taxpayers should not subsidize the Russian war machine. Vladimir Putin continues to bomb civilians, and credible reports . . .
U.S. Senators Rob Portman (R-OH), Senate Finance Committee Member, and Ron Wyden (D-OR), Senate Finance Committee Chair, introduced legislation to disallow foreign tax credits for companies that pay taxes to the Russian government, and other tax benefits.
"American taxpayers should not subsidize the Russian war machine. Vladimir Putin continues to bomb civilians, and credible reports . . .