INTERNAL REVENUE SERVICE ISSUES NOTICE: SUPERFUND TAX ON CHEMICAL SUBSTANCES; NOTICE OF DETERMINATIONS TO ADD SUBSTANCES TO LIST OF TAXABLE SUBSTANCES; CORRECTED NAME AND TAX RATE FOR SODIUM NITRILOTRIACETATE MONOHYDRATE

WASHINGTON, Aug. 4 -- Internal Revenue Service has issued a notice called: Superfund Tax on Chemical Substances; Notice of Determinations To Add Substances to List of Taxable Substances; Corrected Name and Tax Rate for Sodium Nitrilotriacetate Monohydrate.

The notice was published in the Federal Register on Aug. 4 by Krishna P. Vallabhaneni, Tax Legislative Counsel.

Summary: This notice of determinations modifies the list of taxable substances to include the following 21 substances: polyphenylene sulfide, cellulose acetate (degree of substitution = 1.5-2.0), 4, 4'-isopropylidenediphenol-epichlorohydrin copolymer, nylon 6, caprolactam, methyl ethyl ketoxime, iso-butanol, diethylene glycol monomethyl ether, ethylene glycol phenyl ether, met...