US Superfund taxes take effect on chemicals

04:14 PM @ Monday - 04 July, 2022

On Friday, the US will revive Superfund taxes on 42 building-block chemicals as well as imports of several substances made from those chemicals.

The two Superfund taxes were allowed to end in the mid-1990s. The US is reviving them as part of the $1trn Infrastructure Investment and Jobs Act that President Joe Biden signed into law in November.

The proceeds raised by the taxes will help replenish the government’s Superfund programme, which pays for the clean-up of waste sites.

The US is reviving two different Superfund taxes.

The first one is levied on the sale or use of 42 chemicals. These taxes are imposed on companies that make or import the 42 chemicals.

The following table shows 42 chemicals and their tax rate.

Taxable ChemicalAlias$/Short TonCent/lb
Acetylene9.740.487
Ammonia5.280.264
Antimony Trioxide7.400.370
Arsenic Trioxide6.820.341
Barium sulphide4.600.230
Benzene9.740.487
Bromine8.900.445
ButadieneBD9.740.487
Butane9.740.487
Butylene9.740.487
Chlorine5.400.270
Chromite3.040.152
Cupric oxide7.180.359
Cupric sulphate3.740.187
Cuprous oxide7.940.397
Ethylene9.740.487
Hydrochloric acidHCl0.580.029
Hydrogen fluoridehydrofluoric acid (HF)8.460.423
Lead oxide8.280.414
Methane6.880.344
Naphthalene9.740.487
Nitric acid0.480.024
Phosphorus8.900.445
Potassium dichromate3.380.169
Potassium hydroxideCaustic potash0.440.022
Propylene9.740.487
Sodium dichromate3.740.187
Sodium hydroxideCaustic soda0.560.028
Stannic chloride4.240.212
Stannous chloride5.700.285
Sulphuric acid0.520.026
Toluene9.740.487
Xylene9.740.487
Zinc chloride4.440.222
Zinc sulphate3.800.190
Antimony8.900.445
Arsenic8.900.445
Cadmium8.900.445
Chromium8.900.445
Cobalt8.900.445
Mercury8.900.445
Nickel8.900.445


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