Tag Archives: IRS to target Russian banks

US to unleash IRS on Russian banks

And Russia will continue to laugh, as they know just how crooked the IRS is. As the US tries to punish Russia for its actions in Ukraine, the Treasury Department is deploying an economic weapon that could prove more costly than sanctions: the IRS. I bet Putin is trembling in his boots. This summer, the U.S. plans to start using a new law that will make it more expensive for Russian banks to do business in America.

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