A warm‐water fauna and flora from a Carboniferous limestone xenolith that was captured during penetration of deep intraplate Cenozoic basalts through a Paleozoic carbonate platform have been found on Zhokhov Island, New Siberian Archipelago (NSA). This limestone xenolith contains a very high taxonomic diversity of Moscovian (Middle Pennsylvanian) tropical foraminifera and calcareous algae. As this warm‐water biota never occurs north of the forbiddance line, i.e., 30–35°N/S, this fauna and algal flora constrain the paleogeography and interpretation of the paleotectonics in the region. Thus, the location of the most of the New Siberian Archipelago islands at that time must have been within tropics or subtropics. Analyses of the existing data on fusulinid distribution within the Arctic region indicate that Zhokhov and Wrangel Islands were still a part of Alaska‐Chukotka composite terrane as late as in the Artinskian. Both fusulinid and detrital zircon provenance data suggest that the Chukotka microplate, NSA, and Wrangel Island probably were close to Arctic Alaska until Triassic time. The fusulinids from the Mankomen Formation and other formations in Wrangelia show a strong affinity with the Uralo‐Franklinian province regions including the Sverdrup Basin, Spitsbergen, Barents Sea, and Timan‐Pechora and the northern‐central Urals rather than with northern Panthalassa.