Treasury Updates Boycott List: Watch Out for These Countries
Published Date: 4/6/2026
Notice
Summary
The Treasury just updated the list of countries that might ask U.S. businesses to join or help with international boycotts. If you work with or sell to Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, or Yemen, you need to know these rules to avoid tax troubles. This update is effective immediately and helps keep your business safe from penalties.
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Updated Boycott Country List
The Treasury published an official list under Internal Revenue Code section 999 of countries that require or may require cooperation with an international boycott: Iraq, Kuwait, Lebanon, Libya, Qatar, Saudi Arabia, Syria, and Yemen. If your business works with or sells to any of these countries, you should follow the section 999 rules to avoid possible tax problems or penalties. This notice is effective immediately (published April 6, 2026).
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