Annual Boycott Report Shows Decreased International Boycott Activity

The U.S. Treasury Department has issued its fifth annual report on the operation and effect of the international boycott provisions. The report, entitled The Operation and Effect of the International Boycott Provisions of the Internal Revenue Code, covers the tax accounting periods 1983, 1984, 1985, and 1986. Statistical information on all filings of the Form 5713, International Boycott Report, is set forth.