H.R. 7901 · 117th Congress · House

Support Ukraine Through Our Tax Code Act

Active· Referred to the House Committee on Ways and Means.
Introduced
May 27, 22
Passed House
Pending
Passed Senate
Pending
Sent to President
Pending
Signed into Law
Pending

Executive 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.

Action Timeline

3
  1. MAY 27, 2022IntroReferral

    Introduced in House

  2. MAY 27, 2022IntroReferral

    Introduced in House

  3. MAY 27, 2022IntroReferral

    Referred to the House Committee on Ways and Means.

Committees

1

Ways and Means Committee

hswm00

Referred: May 27, 2022

Active