A letter from Congresswoman Claudia Tenney and 16 other congress members raises serious concerns about a proposal from the Irish government to prohibit imports from Israeli-occupied territories. The letter references Section 999 of the Internal Revenue Code, which opposes foreign boycotts that target friendly nations, particularly Israel. The proposed legislation by Ireland is deemed an effort aligned with the global BDS movement that seeks to economically isolate Israel. Such measures could create legal uncertainty for U.S. businesses in Ireland, prompting a recommendation for the Treasury Department to assess compliance with Section 999.
The letter expresses concern over the Irish government's proposal to prohibit imports from Israeli-occupied territories, emphasizing that such actions align with the BDS movement.
By potentially adding Ireland to the boycott list, U.S. companies would be better informed of their reporting obligations under Section 999.
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