Internal Revenue Code section 4661

E947433

Internal Revenue Code section 4661 is the federal tax provision that imposes an excise tax on the manufacture, production, or importation of certain hazardous chemicals to help fund environmental cleanup efforts under the Superfund program.

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Statements (30)

Predicate Object
instanceOf United States federal tax provision
section of the Internal Revenue Code
administeredBy Internal Revenue Service NERFINISHED
appliesTo importation of certain hazardous chemicals
manufacture of certain hazardous chemicals
production of certain hazardous chemicals
associatedWith environmental remediation funding
benefits federal environmental cleanup programs
codifiedIn Title 26 of the United States Code NERFINISHED
earmarksRevenueFor Hazardous Substance Superfund NERFINISHED
enforcedBy Internal Revenue Service NERFINISHED
hasLegalEffect creates liability for excise tax on listed chemicals
hasPolicyGoal discourage use of hazardous chemicals
internalize environmental costs of hazardous chemicals
hasTaxBase sale or use of listed taxable chemicals
hasTaxpayer importer of taxable chemicals
manufacturer of taxable chemicals
producer of taxable chemicals
imposes excise tax on certain chemicals
jurisdiction United States federal law NERFINISHED
linkedTo Internal Revenue Code section 4662 NERFINISHED
Internal Revenue Code section 4671 NERFINISHED
partOf Internal Revenue Code NERFINISHED
purpose to help fund environmental cleanup efforts
to support the Superfund program
relatedTo Comprehensive Environmental Response, Compensation, and Liability Act NERFINISHED
Superfund chemical excise taxes
requires payment of tax on taxable chemicals when sold or used
subjectMatter taxation of hazardous chemicals
taxType excise tax

Referenced by (1)

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Superfund excise taxes legalBasis Internal Revenue Code section 4661