Search Results for keywords:"international boycott"

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Search Results: keywords:"international boycott"

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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.