A federal Superfund tax on chemicals went into effect July 1, 2022, replacing previous taxes that were on the books from 1980 through 1995.
The two major considerations when determining the reinstated Superfund excise taxes are the following:
- A tax is imposed on the sale or use of one of 42 taxable chemicals, with the tax to be paid by the manufacturer, producer, or importer of that chemical.
- A tax is imposed on the sale or use of over 100 taxable substances, with the tax to be paid by the importer. A taxable substance is defined as a product that contains at least 20% or more of taxable chemicals by weight or appraised value.
Source Avalara
Latest Posts in "United States"
- Clarifying California Sales Tax Regulations for Software and Technology Transfer Agreements
- Washington Issues Tax Guidance for Pre-October 2025 Service Contracts Affected by New Legislation
- State-by-State Guide: Is Restaurant Food Taxable? Understanding Sales Tax on Prepared Meals
- Louisiana Sales and Use Tax on Digital Products and Services: August 2025 Update
- Illinois DOR Releases Updated Guidance on Destination-Based Sales Tax Collection and Remittance
