Notice2022-28276
Superfund Chemical Substance Tax; Request To Modify List of Taxable Substances; Filing of Petition for Polyoxymethylene
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 28, 2022
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
This notice of filing announces that a petition has been filed pursuant to Revenue Procedure 2022-26, 2022-29 I.R.B. 90, requesting that polyoxymethylene be added to the list of taxable substances under section 4672(a) of the Internal Revenue Code. This notice of filing also requests comments on the petition. This notice of filing is not a determination that the list of taxable substances is modified.
Full Text
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<title>Federal Register, Volume 87 Issue 248 (Wednesday, December 28, 2022)</title>
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[Federal Register Volume 87, Number 248 (Wednesday, December 28, 2022)]
[Notices]
[Pages 79938-79939]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-28276]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Superfund Chemical Substance Tax; Request To Modify List of
Taxable Substances; Filing of Petition for Polyoxymethylene
AGENCY: Internal Revenue Service (IRS), Treasury.
ACTION: Notice of filing and request for comments.
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SUMMARY: This notice of filing announces that a petition has been filed
pursuant to Revenue Procedure 2022-26, 2022-29 I.R.B. 90, requesting
that polyoxymethylene be added to the list of taxable substances under
section 4672(a) of the Internal Revenue Code. This notice of filing
also requests comments on the petition. This notice of filing is not a
determination that the list of taxable substances is modified.
DATES: Written comments and requests for a public hearing must be
received on or before February 27, 2023.
ADDRESSES: Commenters are encouraged to submit public comments or
requests for a public hearing relating to this petition electronically
via the Federal eRulemaking Portal at <a href="http://www.regulations.gov">http://www.regulations.gov</a>
(indicate public docket number IRS-2022-0033 or polyoxymethylene) by
following the online instructions for submitting comments. Comments
cannot be edited or withdrawn once submitted to the Federal eRulemaking
Portal. Alternatively, comments and requests for a public hearing may
be mailed to: Internal Revenue Service, Attn: CC:PA:LPD:PR (Notice of
Filing for Polyoxymethylene), Room 5203, P.O. Box 7604, Ben Franklin
Station, Washington, DC 20044. All comments received are part of the
public record and subject to public disclosure. All comments received
will be posted without change to <a href="http://www.regulations.gov">www.regulations.gov</a>, including any
personal information provided. You should submit only information that
you wish to make publicly available. If a public hearing is scheduled,
notice of the time and place for the hearing will be published in the
Federal Register.
FOR FURTHER INFORMATION CONTACT: Please contact Amanda F. Dunlap, (202)
317-6855 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
(a) Overview. The petition requesting the addition of
polyoxymethylene to the list of taxable substances under section
4672(a) of the Internal Revenue Code contains the information detailed
in paragraph (b) of this document. The information is provided for
public notice and comment pursuant to section 9 of Rev. Proc. 2022-26.
The publication of petition content in this notice of filing does not
constitute Department of the Treasury or Internal Revenue Service
confirmation of the accuracy of the information published.
(b) Petition Content.
(1) Substance name: Polyoxymethylene
According to the petition, these are the chemical names typically
used for the substance polyoxymethylene:
POM
Polyoxymethylene
Poly(oxymethylene) glycol
Polymethylene glycol
Polyacetal
Acetal
Polyformaldehyde
(2) Petitioner: Celanese Ltd., an exporter of polyoxymethylene
(3) Proposed Classification Numbers:
HTSUS number: 3907.10.0000
Schedule B number: 3907.10.0000
CAS number: 9002-81-7
(4) Petition Filing Date:
December 20, 2022
Petition filing date for purposes of section 11.02 of Rev. Proc. 2022-
26: July 1, 2022
(5) Brief Description of the Petition: According to the petition,
polyoxymethylene is an engineering thermoplastic used in precision
parts requiring high stiffness, low friction, and excellent dimensional
stability. It is
[[Page 79939]]
widely used in the automotive and consumer electronics industry as well
as many other high-performance uses. Polyoxymethylene is made from
methane and is manufactured through the polymerization of formaldehyde.
Taxable chemicals constitute 50.0 percent by weight of the materials
used to produce this substance.
(6) Process Identified in Petition as Predominant Method of
Production of Substance: The reaction of aqueous formaldehyde with an
alcohol to create a hemiformal; dehydration of the hemiformal/water
mixture (either by extraction or vacuum distillation); and release of
the formaldehyde by heating the hemiformal. The formaldehyde is then
polymerized by anionic catalysis, and the resulting polymer stabilized
by reaction with acetic anhydride.
(7) Stoichiometric Material Consumption Equation, Based on Process
Identified as Predominant Method of Production:
n CH<INF>4</INF> + n \1/2\ O<INF>2</INF> [rarr]
(CH<INF>2</INF>O)<INF>n</INF> + n H<INF>2</INF>
(8) Rate of Tax Calculated by Petitioner Based on Petitioner's
Conversion Factors for Taxable Chemicals Used in Production of
Substance:
Rate of Tax: $ 3.65 per ton
Conversion Factor: 0.53 for methane
(9) Public Docket Number: IRS-2022-0033
Stephanie Bland,
Branch Chief (Passthroughs and Special Industries), IRS Office of Chief
Counsel.
[FR Doc. 2022-28276 Filed 12-27-22; 8:45 am]
BILLING CODE 4830-01-P
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