From Bloomberg News, Russia Eyes Banning U.S. Chicken And Some European Fruit. But that is not all. They plan to ban the FATCA compliance industry as well:
In a separate development, Russia’s lower house of parliament, or Duma, may consider legislation to target companies in nations that impose sanctions against Russian citizens or businesses, according to Russian lawmaker Evgeny Fedorov.
The proposal would bar audit and consulting firms from nations defined as “country-aggressor” from working in Russia. If enacted, the law would cover Deloitte, KPMG, Ernst & Young LLP, PricewaterhouseCoopers LLP, Boston Consulting Group Inc. and McKinsey & Co., Fedorov said in a telephone interview today.
I’d love to see this in Canada too. It is time to get the IRS tax collectors out of Canada. They have no business here. Now Russia, thanks to retaliatory measures against Obama’s increased sanctions, will do what no one seems to realize is the only logical thing to do: deport the US tax compliance industry.