International Boycott Factor

International Boycott Factor

Summary of International Boycott Factor

An element of Section 999 of the Internal Revenue Code dealing with income derived in support of an international boycott. U.S. policy generally opposes international economic boycotts against friendly nations, and income derived by U.S. firms in furtherance of such boycotts receives adverse tax treatment. In accordance with SUBPART F (read this and related legal terms for further details) of the code, certain income is subject to taxation based upon the sum derived upon multiplication by the international boycott factor. This factor is a fraction: the numerator reflects the operations of a firm in countries carrying out an international boycott, and the denominator reflects worldwide operations of the firm. The secretary of the treasury prescribes regulations for the computation of the fraction.

(Main Author: William J. Miller)

International Boycott Contents

Overview of the International Boycotts

Overview of U.S. Antiboycott Laws

This legal issue includes the following material:

  • Arab League Statement on the Boycott of Israel
  • Saudi Arabian Boycott Law
  • 2014 USTR Report on Foreign Trade Barriers: Arab League

Chapter 2. International Boycott Provisions/Business Ethics Policies

This legal issue includes the following material: Minnesota Mining & Manufacturing Company: 3M Antiboycott Compliance Manual

PART II. TAX LAW

Chapter 3. Overview of Tax Aspects of International Boycotts

This legal issue includes the following United States material:

  • Text of 26 U.S.C.A. § 999
  • Text of 26 C.F.R. § 7.999-1
  • Treasury Department Boycott Guidelines
  • Advance Revenue Procedure 77-9 (International Boycott Determinations)
  • International Boycott Audit Guidelines
  • IRS Instructions to Field Oces for Examination of International Boycott Issues
  • IRS Form 5713 and Instructions
  • Treasury Department Reports on the Operation and Elect of the Boycott Provisions of the Internal Revenue Code
  • Private Letter Rulings from the IRS on § 999
  • Miscellaneous Historical Materials

United States Export Administration Act

The Export Administration Act Antiboycott Provisions in detail

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Speech on Religious Discrimination

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Corporate Counsel’s Guide to Records Retention Requirements and the
Antiboycott Regulations

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Boycott-Related Terms Appearing in Letters of Credit (July 1996)

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Letters of Credit and the U.S. Antiboycott Laws

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Application of the OAC Regulations

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Legislative History of the Export Administration Act

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Cases

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Statute of Limitations in Enforcement Actions

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Oce of Antiboycott Compliance: Compliance Ocer’s Manual

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Bureau of Export Administration Forms

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Enforcement Surveys-Summary of Antiboycott Activity in all Fiscal Years

This legal issue includes the following material: Summary of EAA Antiboycott Violations

Antitrust Laws

Antitrust and International Boycotts

This legal issue includes the following material: The Complete Proceedings in U.S. v. Bechtel Corp.

Compliance Reports

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

U.S. State Laws

Boycott-Related U.S. State Laws

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U.S. Federal Legislation and Regulations

U.S. Statutes

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U.S. Regulations

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Other Boycott-Related Topics

SEC and Disclosure

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Equal Employment Opportunity Legislation

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Unjust Dismissal

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Department of State Materials

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Constitutionality

See more about this legal issue in relation with international boycotts in this legal Encyclopedia.

Private Right of Action

This legal issue includes the following material: Order

Antiboycott Materials on the Internet

This legal issue includes the following material:

  • Oce of antiboycott compliance
  • Recognizing and reporting possible violation of the Export Administration Regulations
  • Know your customer guidance
  • Red Flag indicators

U.S. Department of Commerce Enforcement


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