OFAC Renews Russia Directive 4 Relief, Says Exit Taxes Still Need Specific License

Posted 4/10/26

OFAC on April 8 issued Russia-related General License 13Q, renewing a narrow authorization for certain dealings otherwise barred by Directive 4 under Executive Order 14024 and clarifying, through amended FAQs, that Russia’s so-called divestment “exit tax” remains outside that general relief. The move preserves limited operational flexibility for U.S. persons still maintaining day-to-day activities in Russia, while signaling that transactions tied to asset exits will continue to require case-by-case Treasury review.

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