Get Form 5713 (schedule A) (rev. January 1997)

What are International Boycott Reports? International Boycott Reports are required of U.S. taxpayers to report operations in, with, or related to, countries participating in boycotts not sanctioned by the U.S. government.

Form 5713 is due when your income tax return is due, including extensions. Attach the original copy of the Form 5713 (and Schedules A, B, and C, if applicable) to your income tax return. Do not sign the copy that is attached to your income tax return.

A taxpayer also must file Form 5713 if it's known or there is reason to know that specific goods or services produced in operations are for use in a boycotting country, for the use or benefit of the government, a company, or a national of the boycotting country, or for use in transporting to a boycotting country. U.S. Treasury Releases List of Countries Requiring Cooperation ... mcguiresponsel.com https://mcguiresponsel.com › blog › u-s-treasury-releases... mcguiresponsel.com https://mcguiresponsel.com › blog › u-s-treasury-releases...

Schedule C (Form 5713) is used to compute the loss of tax benefits attributable to participation in or cooperation with an international boycott. Complete Schedule C (Form 5713) if you completed either Schedule A or Schedule B of Form 5713. Partnerships. Each partner must complete a separate Schedule C (Form 5713). Form 5713 (Schedule C) (Rev. September 2018) - IRS irs.gov https://.irs.gov › pub › irs-access › f5713sc_accessible irs.gov https://.irs.gov › pub › irs-access › f5713sc_accessible

Schedule A (Form 5713) International Boycott Factor (Section 999(c)(1)) Complete Schedule A (Form 5713) if: You participated in or cooperated with an international boycott. You are using the international boycott factor to figure the loss of tax benefits.

The other antiboycott law is the Ribicoff Amendment to the Tax Reform Act of 1976 (TRA76). It requires all U.S taxpayers and their related “persons” [2] to report operations in, with, or related to, boycotting countries or their nationals to the Internal Revenue Service.