U.S. Treasury release: Countries cooperating with international boycott; no changes
A quarterly list of countries that require (or may require) participation in, or cooperation with, an international boycott
Countries cooperating with international boycott; no changes
The U.S. Treasury Department today released for publication in the Federal Register a quarterly list of countries that require (or may require) participation in, or cooperation with, an international boycott (within the meaning of Internal Revenue Code section 999(b)(3)).*
*Section 999(a)(3) directs the Treasury Secretary to maintain and publish, at least on a quarterly basis, a list of countries that require (or may require) participation with an international boycott.
No changes to countries on quarterly list
The Treasury release [PDF 145 KB] is provided under the U.S. international boycott rules, and contains the same list of countries as provided under the prior list*—no new countries are added, and no countries are removed from the prior quarterly list. The countries on the current list are:
- Saudi Arabia
*The most recent change to the list was made in April 2021, when Treasury removed the United Arab Emirates (UAE) from the list. Read TaxNewsFlash
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