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Questions Remain on Superfund Excise Tax Compliance

Treasury and IRS have worked to issue several pieces of guidance for reinstated Superfund excise taxes

Treasury and the IRS have worked quickly to issue several pieces of guidance for the reinstated Superfund excise taxes, including:

  • Notice 2021-66 providing a list of taxable substances, including the 50 statutory substances and all previously added substances …

 

Source: KPMG

 

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