🌍Countries Requiring Cooperation With International Boycotts
The Department of the Treasury publishes a list of countries necessitating participation in or cooperation with an international boycott as per the Internal Revenue Code. The identified countries include Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This notice provides crucial compliance information for businesses regarding international operations and tax implications.
Learn More🛡️Continuation of National Emergency Regarding Yemen Announced
The President's notice confirms the continuation of the national emergency established by Executive Order 13611 due to ongoing threats to Yemen's peace and stability. This measure will remain in effect as indicated by the President's authority under the National Emergencies Act, emphasizing concerns over Yemen's government policies and their implications for U.S. interests.
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