Sens. Wyden, Portman Introduce Bipartisan Bill to Disallow Foreign Tax Credits, Other Tax Benefits for Companies Operating in Russia
May 13, 2022
May 13, 2022
WASHINGTON, May 13 -- Sen. Ron Wyden, D-Oregon, chairman of the Senate Finance Committee, issued the following news release on May 12, 2022:
Senate Finance Committee Chair Ron Wyden, D-Ore., and Senate Finance Committee Member Rob Portman, R-Ohio, today 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 . . .
Senate Finance Committee Chair Ron Wyden, D-Ore., and Senate Finance Committee Member Rob Portman, R-Ohio, today 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 . . .