Php Serial Port Communication Linux Software. Long Range Shooting Simulation 2. Effective Implementation Day, all specific licenses that: (1) were issued pursuant to OFAC's Second Amended Statement of Licensing Policy on Activities Related to the Safety of Iran's Civil Aviation Industry, and (2) have an expiration date on or before July 14, 2015, are hereby authorized to remain in effect according to their. What You Need to Know About OFAC License. The tax implications of transactions conducted in Iran maybe as follows: Inheritance Tax. If the decedent was a US person. OFAC & THE IRANIAN SANCTIONS. Your solution to tax- controversies, estate planning, and tax planning. OFAC & The Iranian Sanctions. Dear Clients and Friends. License from OFAC to engage in any of the transactions that fall within the scope of the Iranian sanctions. This newsletter. Jun 29, 2017. Note: Receipt of gift or inherited property in Iran may have different tax consequences for the donee or heirs, and consultation with a tax attorney is crucial. III- OFAC Specific License. An OFAC specific license is a written document authorizing a particular person to engage in a particular transaction pursuant.