S 4218 United States Senate · 117th Congress

Support Ukraine Through Our Tax Code Act

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.
Bill status in committee 1 of 4 stages cleared
Introduction
May 2022
Committee Review
Floor Vote
President
Introduced May 12, 2022 Last action May 12, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
May 12, 2022
Committee
Read twice and referred to the Committee on Finance.
upper
May 12, 2022
Introduced
Introduced in Senate
upper
1 primary · 1 co-sponsor

Sponsors