Notice
31 Jul 2025
compliance, treasury department, tax policy, syria, qatar, libya, international boycott, saudi arabia, yemen, iraq, lebanon, kuwait
🌍Countries Requiring Cooperation With International Boycotts
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.
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Notice
25 Apr 2025
compliance, business regulation, department of treasury, international boycott, tax law, countries
🌍Countries Needing Cooperation for International Boycotts
The Department of the Treasury published a list of countries that may require U.S. businesses to cooperate with international boycotts, in accordance with the Internal Revenue Code. This initiative aims to provide clarity on compliance requirements for businesses engaged with these nations, ensuring informed decision-making within the international business landscape.
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