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HR 9764 · 119th CongressIntroduced

No tax credits for Russia

Banking & Financial
The vote
Worked the bill
$558M
24 groups · their total 2025 lobbying
In the distance
Summary

What the bill does

This bill stops U.S. companies from claiming foreign tax credits for taxes they pay to Russia. It adds Russia to a list of countries for which such credits are denied. The change takes effect 30 days after the bill becomes law and ignores any U.S. treaty obligations.

Why it matters

The stakes

U.S. companies that do business in Russia would have to pay U.S. taxes on income that is also taxed by Russia, increasing their overall tax bill. This could affect companies' decisions about operating in Russia.

Major public companies this covers
  • Exxon MobilXOM
  • PepsiCoPEP
  • BoeingBA
The debate

What each side says

Supporters
  • Denying tax credits reduces financial support to the Russian government through U.S. tax policy.bill
  • The bill sends a strong message against Russia's actions by cutting a tax benefit tied to payments to Russia.report
Critics
  • The bill could hurt U.S. companies that already pay taxes in Russia by making them pay double taxes.bill
  • Ignoring treaty obligations may damage U.S. credibility in international tax agreements.bill

Each point links to its source. The views are attributed to those sources, not stated as ours.

Follow the money

From this bill outward

The bill

where every tie is measured from
HR 9764No tax credits for RussiaBanking & Financial

Who paid lobbyists to work it

Direct tie24 groups · their total 2025 lobbying
GroupIssues2025 lobbying
(all issues)
Has PAC?
BOEING COMPANYNamed in billDefenseTransportForeign$11MTBP
EXXON MOBIL CORP.Named in billBankingEnergyTransport$6.7MEMCPACEP
PEPSICO, INC.Named in billAgricultureEnergyTech$4.4MNo PAC
STATE OF LOC NATION GLOBAL PUBLIC BENEFIT CORPORATIONAdvocacyOtherBanking$80MNo PAC
CHAMBER OF COMMERCE OF THE U.S.A.EnergyBankingForeign$70MNo PAC
NATIONAL ASSOCIATION OF REALTORSReal EstateBankingInsurance$54MNAORPAC
BUSINESS ROUNDTABLE INCEnergyBankingHealth$34MNo PAC
META PLATFORMS, INC. AND VARIOUS SUBSIDIARIESTechSports & MediaBanking$26MNo PAC

Election money, in the distance

Background · not tied to this billBanking & Financial PACs -> the members who voted

The background money view appears when a bill has a recorded vote and matching sector PAC data.

Lobbying filings, contributions, and votes are public records shown side by side. The further down the chain, the further the money is from this bill. This page does not assert that money caused any vote.