Search Results for keywords:"Saudi Arabia"

Found 5 results

Search Results: keywords:"Saudi Arabia"

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  • 2025-03457 — List of Countries Requiring Cooperation With an International Boycott
    Type:Notice
    Citation:90 FR 11210
    Reading Time:less than a minute

    The Department of the Treasury has issued a notice listing countries that may require participation in, or cooperation with, an international boycott. According to the information available, these countries are Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This list is set forth under section 999 of the Internal Revenue Code of 1986. Lindsay Kitzinger, the International Tax Counsel for Tax Policy, was involved in the publication of this list.

    Simple Explanation

    The Department of the Treasury announced a list of countries—Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen—that might make others join a group avoiding business with certain other countries, but the notice doesn’t explain why or what people need to do about it.

  • 2024-31585 — List of Countries Requiring Cooperation With an International Boycott
    Type:Notice
    Citation:90 FR 385
    Reading Time:less than a minute

    The Department of the Treasury has released a list of countries involved in, or potentially involved in, international boycotts as defined by section 999 of the Internal Revenue Code of 1986. These countries include Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. This publication is part of the department's responsibilities under the code to inform the public and other stakeholders about such matters. Lindsay Kitzinger, serving as the International Tax Counsel for Tax Policy, is the official associated with this document.

    Simple Explanation

    The government made a list of some countries like Iraq and Saudi Arabia that are involved in activities where they might not trade or work with some other countries, and they are telling people about this so everyone knows what's going on.

  • 2021-00625 — Arms Sales Notification
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    Type:Notice
    Citation:86 FR 3136
    Reading Time:about 4 minutes

    The Department of Defense has announced a notification regarding an arms sale to Saudi Arabia. The sale includes 3,000 GBU-39/B Small Diameter Bomb I munitions and other related support equipment, services, and parts, with an estimated program cost of $290 million. This sale aims to support U.S. foreign policy and national security by bolstering Saudi Arabia's defense capabilities and maintaining regional stability. The principal contractor for this deal will be Boeing, and the sale is not expected to negatively impact U.S. defense readiness.

    Simple Explanation

    The U.S. Department of Defense is telling people about a plan to sell 3,000 special bombs to Saudi Arabia to help them protect their country and keep things safe in the area. They are buying these from a company called Boeing, and it's not expected to hurt America's own defense abilities.

  • 2024-30631 — Arms Sales Notification
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    Type:Notice
    Citation:89 FR 105019
    Reading Time:about 3 minutes

    The Department of Defense has announced a proposed arms sale to Saudi Arabia, focusing on a training program for the Royal Saudi Air Force and other Saudi forces. This program includes flight, technical, and military education, and aims to cover civilian casualty avoidance, human rights, and command and control. The training is valued at approximately $1 billion and will strengthen Saudi Arabia's defense capabilities, helping them align more closely with U.S. military practices without affecting the current military balance in the Middle East. There is no principal contractor, and training will be managed by U.S. government or contracted personnel.

    Simple Explanation

    The U.S. Department of Defense wants to help train Saudi Arabia's air force, teaching them important skills like flying and being careful not to hurt people who aren't fighting. This training, which costs a lot of money, will make sure they work well with the U.S. military, but some people are worried about how the money is being spent.

  • 2025-02922 — Hexamethylenetetramine From the People's Republic of China, Germany, India, and Saudi Arabia: Postponement of Preliminary Determinations in the Less-Than-Fair-Value Investigations
    Type:Notice
    Citation:90 FR 10067
    Reading Time:about 3 minutes

    The U.S. Department of Commerce is delaying the preliminary decisions regarding the investigations into imports of a chemical called hexamethylenetetramine from China, Germany, India, and Saudi Arabia. Originally due by March 10, 2025, these decisions will now be postponed until April 29, 2025. This postponement comes after a request from the petitioner, Bakelite LLC, to allow more time for a thorough review of the information related to the cases. The final determinations will be made 75 days after these new preliminary determinations, unless there is a further delay.

    Simple Explanation

    The U.S. Department of Commerce is taking longer to decide about some special rules for buying a chemical from China, Germany, India, and Saudi Arabia because a company asked for more time to gather all the information. Now, instead of deciding in March 2025, they will decide in late April 2025.