US Dept of Treasury Lists Boycott Countries

On January 8, 2018, the U.S. Department of the Treasury (the "Department") published the list of countries requiring cooperation with an international boycott.  Section 999(a)(3) of the Internal Revenue Code requires the Department to periodically publish a current list of countries which may require participation in or cooperation with a boycott that is not sanctioned by the U.S. government.  The current list of countries is unchanged from the Departments March 30, 2017 list and includes the following countries:

  • Iraq
  • Kuwait
  • Lebanon
  • Libya
  • Qatar
  • Saudi Arabia
  • Syria
  • United Arab Emirates
  • Yemen

Key Link(s):

Treasury Publishes List of Countries Requiring Cooperation with a Boycott

On April 8, 2016, the Department of Treasury published (81 FR 20720) the current list of countries requiring cooperation with an international boycott.  Treasury identified the following countries as requiring or that may require participation in, or cooperation with, an international boycott (within the meaning of section 999(b)(3) of the Internal Revenue Code
of 1986
):

  • Iraq
  • Kuwait
  • Lebanon
  • Libya
  • Qatar
  • Saudi Arabia
  • Syria
  • United Arab Emirates
  • Yemen