Bipartisan Legislation Introduced in U.S. Senate to Deny Foreign Tax Credits and Deductions for Taxes Paid to Russia

U.S. Senators Catherine Cortez Masto and John Cornyn have introduced bipartisan legislation that would prevent businesses from claiming a foreign tax credit or deduction against taxes paid to Russia.

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Cortez Masto, Cornyn Introduce Bipartisan Legislation to Eliminate Tax Breaks for Businesses Dealing in Russia

Washington, D.C. – Today, U.S. Senators Catherine Cortez Masto (D-Nev.) and John Cornyn (R-Tex.) introduced bipartisan legislation to prevent businesses from claiming a foreign…