31 C.F.R. § 597.508 Payment of taxes and incidental fees to the Palestinian Authority.
Title 31 - Money and Finance: Treasury
(a) Effective April 12, 2006, U.S. financial institutions are authorized to conduct all transactions ordinarily incident to the following activities by U.S. persons: the payment of taxes or fees to, or the purchase or receipt of permits or public utility services from, the Palestinian Authority where such transactions are necessary and ordinarily incident to such persons' day-to-day operations. Nothing in this license authorizes a debit to an account of the Palestinian Authority on the books of a U.S. financial institution or to any account blocked pursuant to this part. (b) The retention and reporting provisions of §597.201 shall not apply with respect to transactions authorized by paragraph (a) of this section. [71 FR 27202, May 10, 2006]
Title 31: Money and Finance: Treasury
PART 597—FOREIGN TERRORIST ORGANIZATIONS SANCTIONS REGULATIONS
Subpart E—Licenses, Authorizations, and Statements of Licensing Policy
§ 597.508 Payment of taxes and incidental fees to the Palestinian Authority.
