Tax Elements of the U.S. Response to Russia’s Invasion of Ukraine

Partner, David Noren authors this article in Bloomberg Tax that provides insight into the US approach to sanctioned countries such as Russia and an introduction to the Wyden-Portman Proposal, a draft legislation by Senators Ron Wyden (D-Ohio) and Rob Portman (R-Ohio) that adapts the tools of existing tax law to address Russia’s actions in Ukraine.