WEBCAST

Superfund Excise Taxes – They’re Back!

Webcast overview

Effective July 1, 2022, after a 25-year expiration, Congress reinstated two excise taxes on chemicals and imported hazardous substances via the Infrastructure Investment and Jobs Act. Legislative proposals would reinstate a third excise tax. 

The Joint Committee on Taxation estimates these excise taxes combined would increase revenues by over $52 billion over a 10-year period.

Companies need to carefully consider the impact of these taxes and ensure compliance.  

This TaxWatch webcast discusses the superfund excise tax reinstatements, covering:

  • Background and industry impact
  • Superfund excise tax overview
  • Petitions, special rules, and exceptions
  • Operational readiness for the reinstatement  
  • Practical considerations - excise tax forms and deadlines 

Featured speakers

Taylor Cortright

Taylor Cortright

Managing Director, Excise Tax Practice, KPMG US

Bobby Bui

Bobby Bui

Managing Director, State and Local Tax, KPMG LLP

Julie Chapel

Julie Chapel

Director, Washington National Tax, KPMG US

Keith Jordan

Keith Jordan

Partner, Accounting Methods & Credits, KPMG US

Tyrone Montague

Tyrone Montague

Managing Director, Tax Credits & Energy Advisory, KPMG US