U.S. Treasury release: No change to list of countries cooperating with international boycott
Quarterly list of countries that require (or may require) participation in, or cooperation with, an international boycott
U.S. Treasury release
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 162 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:
- Iraq
- Kuwait
- Lebanon
- Libya
- Qatar
- Saudi Arabia
- Syria
- Yemen
* 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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