Foreign Tax Credit Denial – Russian Federation
Current understanding
To be populated as evidence accumulates.
Evidence log
- 2025-01-16 — NO GOTION Act: cross-connection with energy-tax-credits-foreign-adversary-restriction: Both restrict tax benefits based on ties to designated foreign adversaries (Russia in particular), forming a broader pattern of adversary-based tax benefit denial. (novelty: 3)
- 2026-07-16 — To amend the Internal Revenue Code of 1986 to deny any foreign tax credit with respect to taxes paid or accrued to the Russian Federation.: HR9764 (119th Congress) introduced 2026-07-16 and referred to House Ways and Means; would amend the Internal Revenue Code of 1986 to deny any foreign tax credit for taxes paid or accrued to the Russian Federation, increasing effective U.S. tax burden on U.S. taxpayers with Russian-source income. (novelty: 2)
Open questions
Related
Contributing findings
To amend the Internal Revenue Code of 1986 to deny any foreign tax credit with respect to taxes paid or accrued to the Russian Federation.
16-jul-2026
novelty 2
per-area 2
introduces