US Suspends Tax Information Exchange With Russian Authorities

Russian and U.S. flags are pictured before talks between Russian Deputy Foreign Minister Sergei Ryabkov and US Deputy Secretary of State Wendy Sherman at the United States Mission in Geneva, on Jan. 10, 2022. Denis Balibouse/Reuters

WASHINGTON—The U.S. Internal Revenue Service has suspended information exchanges with Russia’s tax authorities in a bid to hamper Moscow’s ability to collect taxes and fund its war against Ukraine, the Treasury Department told Reuters on Tuesday.

Under a 30-year-old tax treaty, the IRS and Russia’s Federal Tax Service have shared information to aid domestic tax collections and enforcement of tax laws in both countries. The IRS can request information about U.S. taxpayers from Russian authorities and vice-versa.