Notice of hearing: Proposed regulations on reinstated Superfund chemical tax and Superfund imported substance tax
The hearing is scheduled for October 25, 2023, at 10 a.m. ET.
The hearing is scheduled for October 25, 2023, at 10 a.m. ET.
A notice of public hearing [PDF 178 KB] was published today in the Federal Register concerning proposed regulations relating to the reinstated excise taxes imposed on certain chemicals and certain imported substances (known as the Superfund chemical taxes).
The hearing is scheduled for October 25, 2023, at 10 a.m. ET. The IRS must receive speakers’ outlines of the topics to be discussed at the hearing by October 11, 2023. If no outlines are received by October 11, 2023, the hearing will be cancelled.
The proposed regulations [PDF 336 KB] were published in the Federal Register on March 29, 2023. Read TaxNewsFlash
For more information, contact a tax professional in the KPMG Excise Tax Practice group:
Taylor Cortright | tcortright@kpmg.com
Rachel Smith | rachelsmith1@kpmg.com
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.