Countries Requiring Cooperation With International Boycott

FR: Treasury Department

Published April 6th, 2026

Detected April 4th, 2026

Summary

The Treasury Department published an updated list of countries requiring or potentially requiring participation in international boycotts under IRC section 999(a)(3). Nine countries are listed: Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. U.S. persons with operations in these jurisdictions should report boycott participation on their tax returns.

View original document View source feed page

What changed

The Treasury Department updated its list of countries requiring cooperation with international boycotts, as required by IRC section 999(a)(3). The notice identifies nine countries in the Middle East region where U.S. persons may face boycott requests. No new countries were added or removed from the previous list.\n\nU.S. taxpayers with operations, sales, or investments in listed countries should review their compliance obligations under IRC section 999. The tax implications include potential loss of foreign tax credits, deduction disallowance, and reporting requirements on Form 5713. This notice is informational and does not create new legal obligations—existing IRC provisions govern compliance requirements and penalties.

What to do next

Review current operations in listed countries (Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, Yemen) for potential boycott participation
Ensure accurate reporting on Form 5713 if boycott requests were received
Consult tax counsel regarding foreign tax credit and deduction implications under IRC section 999

Source document (simplified)

Notice

List of Countries Requiring Cooperation With an International Boycott

A Notice by the Treasury Department on 04/06/2026

PDF
Document Details

- Table of Contents

Public Comments
Regulations.gov Data

- Sharing

Print
Document Statistics
Other Formats
Public Inspection Published Document: 2026-06596 (91 FR 17333) Document Headings ###### Department of the Treasury

Office of the Secretary

In accordance with section 999(a)(3) of the Internal Revenue Code of 1986, the Department of the Treasury is publishing a current list of countries which require or 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).

On the basis of the best information currently available to the Department of the Treasury, the following countries require or 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

Yemen

James Wang,

International Tax Counsel, (Tax Policy).

[FR Doc. 2026-06596 Filed 4-3-26; 8:45 am]

BILLING CODE 4810-AK-P