4 Mar 2025
🌍Countries Requiring Cooperation with International Boycotts
List of Countries Requiring Cooperation With an International Boycott
Summary
The Department of the Treasury announces a current list of countries that may require participation in or cooperation with international boycotts. The notice includes Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen, highlighting the importance for U.S. businesses to remain compliant with relevant regulations.
Agencies
- Treasury Department
- N/A
Business Impact
$$ - Med
The notice outlines countries that may require U.S. businesses to cooperate with international boycotts, impacting compliance and operational decisions for affected companies. Business owners must be aware of these countries to avoid legal ramifications under the Internal Revenue Code.