IRS Publishes List of Chemicals Subject to Superfund Tax
The Infrastructure Investment and Jobs Act (IIJA), Public Law 117-58, 135 Stat. 429 (November 15, 2021) reinstated the excise taxes imposed on certain chemical substances to help clean up hazardous waste sites (“the Superfund tax”). Section 80201 of the IIJA identified more than 40 chemicals subject to the tax and the rates at which those […]