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Excise Taxes.

Authors :
Boakye, Eugene
Pinneau, Trina
Gordon, Deborah
Source :
Tax Adviser; Apr2022, p12-15, 3p
Publication Year :
2022

Abstract

The article reports that U.S. President Joe Biden signed into law the Infrastructure Investment and Jobs Act which provisions is the reinstatement and modification of the Superfund excise tax on chemicals and imported taxable substances. It mentions Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA) was enacted to create a hazardous substance. It also mentions taxpayers should develop excise tax compliance procedures and reporting processes.

Details

Language :
English
ISSN :
00399957
Database :
Complementary Index
Journal :
Tax Adviser
Publication Type :
Periodical
Accession number :
156328474