{"id":4369,"date":"2022-06-01T08:00:17","date_gmt":"2022-06-01T08:00:17","guid":{"rendered":"https:\/\/gw.brandhouse.marketing\/?p=4369"},"modified":"2024-06-17T19:16:33","modified_gmt":"2024-06-17T19:16:33","slug":"superfund-excise-tax-on-chemicals-and-imported-taxable-substances","status":"publish","type":"post","link":"https:\/\/greerwalker.com\/superfund-excise-tax-on-chemicals-and-imported-taxable-substances\/","title":{"rendered":"Superfund Excise Tax on Chemicals and Imported Taxable Substances"},"content":{"rendered":"<p>As part of the Infrastructure Investment and Jobs Act signed into law on November 15, 2021, Superfund excise taxes imposed on chemicals and imported taxable products will be reinstated effective July 1, 2022 through December 21, 2031. Manufacturers and importers of chemicals and substances containing chemicals may be liable for federal excise tax. Purchasers of these chemicals may see increased prices of these products.<\/p>\n<p>Pertinent businesses should consider examining for any potential exposure to the updated and amended Superfund tax list. Download the whitepaper below for a detailed list of substances subject to tax.<\/p>\n<p>The GreerWalker team can assist you in understanding the excise tax rules and compliance requirements for these taxes. Contact your advisor today to start the conversation.<\/p>\n<div class=\"MBN_pdf_form\">\n<div class=\"MBN_pdf\" style=\"margin-top: 20px;\">\n<h3>Download our Whitepaper<\/h3>\n<p style=\"margin-top: 50px; margin-bottom: 20px;\">Click below to view our in-depth whitepaper.<\/p>\n<p><a href=\"https:\/\/greerwalker.com\/wp-content\/uploads\/2022\/05\/Superfund-excise-tax-on-chemicals-and-imported-taxable-substances-5.25.2022-V3.pdf\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" style=\"max-width: 200px;\" title=\"\" src=\"https:\/\/greerwalker.com\/wp-content\/uploads\/2022\/05\/Superfund-excise-tax-on-chemicals-and-imported-taxable-substances-5.25.2022-V3_Page_1.jpg\" alt=\"\" \/><\/a><\/p>\n<\/div>\n<div class=\"MBN_form\" style=\"margin-top: 20px;\">\n<h2>Let&#8217;s Talk!<\/h2>\n<p style=\"margin-top: 50px; margin-bottom: 20px;\">You can call us at\u00a0(800) 880-7800\u00a0or fill out the form below and we\u2019ll contact you to discuss your specific situation.<\/p>\n<form id=\"form_895708301\" class=\"standard2\" style=\"display: flex; flex-direction: column;\" accept-charset=\"utf-8\" action=\"https:\/\/app.hatchbuck.com\/onlineForm\/submit.php\" method=\"post\" name=\"form_895708301\"><input name=\"formID\" type=\"hidden\" value=\"93493139290\" \/><input name=\"enableServerValidation\" type=\"hidden\" value=\"1\" \/><input name=\"enable303Redirect\" type=\"hidden\" value=\"0\" \/><\/p>\n<div class=\"form-column-50\" style=\"width: 100%; padding: 0px; margin: 0px; display: flex;\"><input id=\"mbn_input_1\" class=\"mbntextbox\" style=\"padding-right: 5px;\" name=\"q1_firstName1\" required=\"\" type=\"text\" placeholder=\"First Name\" \/><br \/>\n<input id=\"mbn_input_3\" class=\"mbntextbox\" style=\";padding-left: 5px;\" name=\"q3_lastName3\" required=\"\" type=\"text\" placeholder=\"Last Name\" \/><\/div>\n<div class=\"form-column-100\" style=\"width: 100%; padding: 0; margin: 0; display: flex;\"><input id=\"mbn_input_4\" class=\"mbntextbox\" name=\"q4_email\" required=\"\" type=\"email\" placeholder=\"Email Address\" \/><\/div>\n<div>\n<div class=\"form-column-30\" style=\"width: 100%; padding: 0px; margin: 0px; display: flex;\"><input id=\"mbn_input_6_area\" class=\"mbntextbox\" name=\"q5_phoneNumber5[area]\" type=\"tel\" placeholder=\"Area Code\" \/><br \/>\n<input id=\"mbn_input_6_phone\" class=\"mbntextbox\" name=\"q5_phoneNumber5[phone]\" type=\"tel\" placeholder=\"Phone Number\" \/><\/div>\n<\/div>\n<div class=\"form-column-100\" style=\"padding-top: 10px;\"><button id=\"Button1\" class=\"mbnbutton_mbn\" style=\"white-space: nowrap;\" type=\"submit\">Contact Us<\/button><\/div>\n<ul>\n<li style=\"display: none;\">Topic Name: <input name=\"q6_customTextbox6\" type=\"hidden\" value=\"Superfund excise tax on chemicals and imported taxable substances\" \/><\/li>\n<li style=\"display: none;\">Should be Empty: <input name=\"website\" type=\"hidden\" value=\"\" \/><\/li>\n<li style=\"list-style: none; color: #ffffff;\"><input id=\"simple_spc\" name=\"simple_spc\" type=\"hidden\" value=\"895708301-895708301\" \/><\/li>\n<\/ul>\n<\/form>\n<\/div>\n<\/div>\n<hr style=\"margin: 0.8em 0 1.20em 0; border-top: 0px solid #fff; border-right: 0px solid #fff; border-left: 0px solid #fff; border-bottom: 1px solid #AAAAAA;\" \/>\n<div class=\"RSMattribution\">\n<p>RSM US Alliance provides its members with access to resources of RSM US LLP. RSM US Alliance member firms are separate and independent businesses and legal entities that are responsible for their own acts and omissions, and each are separate and independent from RSM US LLP. RSM US LLP is the U.S. member firm of RSM International, a global network of independent audit, tax, and consulting firms. Members of RSM US Alliance have access to RSM International resources through RSM US LLP but are not member firms of RSM International. Visit rsmus.com\/aboutus for more information regarding RSM US LLP and RSM International. The RSM(tm) brandmark is used under license by RSM US LLP. RSM US Alliance products and services are proprietary to RSM US LLP.<\/p>\n<p>The information contained herein is general in nature and based on authoritative guidance that is subject to change. Neither GreerWalker LLP nor GreerWalker Corporate Finance LLC (collectively, \u201cGreerWalker\u201d) guarantee the accuracy or completeness of any information and are not responsible for any errors or omissions, or for results obtained by others as a result of reliance upon such information. GreerWalker assumes no obligation to inform the reader of any changes in tax laws, regulations, accounting standards, or other factors that could affect information contained herein. This publication does not, and is not intended to provide legal, tax or accounting advice, and readers should consult their advisors concerning the application of tax laws or accounting guidance to their particular situation. Any tax analysis in this publication is not advice and is not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As part of the Infrastructure Investment and Jobs Act signed into law on November 15, 2021, Superfund excise taxes imposed on chemicals and imported taxable products will be reinstated effective July 1, 2022 through December 21, 2031. Manufacturers and importers of chemicals and substances containing chemicals may be liable for federal excise tax. Purchasers of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":4400,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_opengraph-image":"","_yoast_wpseo_opengraph-image-id":"","_yoast_wpseo_twitter-image":"","_yoast_wpseo_twitter-image-id":"","_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[26],"tags":[201],"class_list":["post-4369","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article","tag-superfund-excise-taxes"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Chemicals and Imported Products Superfund Excise Taxes | GreerWalker<\/title>\n<meta name=\"description\" content=\"Superfund excise taxes imposed on 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