31 Jul 2025
🌍Countries Requiring Cooperation With International Boycotts
List of Countries Requiring Cooperation With an International Boycott
Summary
The Department of the Treasury has published a list of countries that may necessitate U.S. business participation in international boycotts as per the Internal Revenue Code. The listed countries include Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This notice is vital for businesses engaged in international trade or operations in these regions.
Agencies
- Treasury Department
- N/A
Business Impact
$$$ - High
The notice outlines countries that may require cooperation with international boycotts, implicating U.S. businesses that operate or plan to operate in these regions, potentially affecting compliance, operations, and trade relations.