author_orbitax
Orbitax

Share This Article

US Treasury Department reissues list of boycott countries that result in restriction of US tax benefits

21 June 2011

|

Approved Changes

|

United States

The US Treasury Department has reissued its list of the countries that require cooperation with or participation in an international boycott as a condition of doing business. The countries listed are Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, the United Arab Emirates, and Yemen. The Treasury Department stated that Iraq was not included in the list but that its future status remained under review. The list is dated 2 May 2011 and was published in the Federal Register on 11 May 2011. The new list is unchanged from the list issued on 19 January 2011. The listed countries are identified...