Notice2025-01373
Superfund Tax on Chemical Substances; Request to Modify List of Taxable Substances; Notice of Filing for Potassium Carbonate
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
January 21, 2025
Issuing agencies
Treasury DepartmentInternal Revenue Service
Abstract
This notice of filing announces that a petition has been filed requesting that potassium carbonate be added to the list of taxable substances. 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 90 Issue 12 (Tuesday, January 21, 2025)</title>
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[Federal Register Volume 90, Number 12 (Tuesday, January 21, 2025)]
[Notices]
[Page 7247]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-01373]
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DEPARTMENT OF THE TREASURY
Internal Revenue Service
Superfund Tax on Chemical Substances; Request to Modify List of
Taxable Substances; Notice of Filing for Potassium Carbonate
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
requesting that potassium carbonate be added to the list of taxable
substances. 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 March 24, 2025.
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="https://www.regulations.gov">https://www.regulations.gov</a>
(indicate public docket number IRS-2025-0010 or potassium carbonate) 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cannot be edited or withdrawn once submitted to the Federal eRulemaking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:01:PR (Notice of
Filing for Potassium Carbonate), 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: Andrew Clark or Camille Edwards
Bennehoff at (202) 317-6855 (not a toll-free number).
SUPPLEMENTARY INFORMATION:
Request to Add Substance to ehe List:
(a) Overview. A petition was filed pursuant to Rev. Proc. 2022-26
(2022-29 I.R.B. 90), as modified by Rev. Proc. 2023-20 (2023-15 I.R.B.
636), requesting that potassium carbonate be added to the list of
taxable substances under section 4672(a) of the Internal Revenue Code
(List). The petition requesting the addition of potassium carbonate to
the List is based on weight and 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 information in this notice of filing is not a
determination and does not constitute Treasury Department or IRS
confirmation of the accuracy of the information published.
(b) Petition Content.
(1) Substance name: Potassium carbonate.
The substance is also known as Potcarb and
K<INF>2</INF>CO<INF>3</INF>.
(2) Petitioner: Occidental Chemical Corporation, an exporter of
potassium carbonate.
(3) Proposed classification numbers:
(i) HTSUS number: 2836.40.10000.
(ii) Schedule B number: 2836.40.0000.
(iii) CAS number: 584-08-7.
(4) Petition filing dates:
(i) Petition filing date for purposes of making a determination:
November 25, 2024.
(ii) Petition filing date for purposes of section 11.02 of Rev.
Proc. 2022-26, as modified by section 3 of Rev. Proc. 2023-20: July 1,
2022.
(5) Description from petition: Potassium carbonate, a solid
(powder), is used in cattle feed supplements and glass manufacture. It
is also used as a food additive and can be a pharma-ingredient.
Potassium carbonate is made from potassium hydroxide. Taxable
chemicals constitute 71.83 percent by weight of the materials used to
produce this substance.
(6) Process identified in petition as predominant method of
production of substance: The predominant process for manufacture of
potassium carbonate is absorption of CO<INF>2</INF> with KOH. The
predominant process for carbonate manufacture is absorption of
CO<INF>2</INF> with alkaline liquid. This substance is produced as a
pure component, not a mixture.
(7) Stoichiometric material consumption equation, based on process
identified as predominant method of production:
CO<INF>2</INF> (carbon dioxide) + 2 KOH (potassium hydroxide) [rarr]
K<INF>2</INF>CO<INF>3</INF> (potassium carbonate) + H<INF>2</INF>O
(water)
(8) Tax rate calculated by Petitioner, based on Petitioner's
conversion factors for taxable chemicals used in production of
substance:
(i) Tax rate: $0.36 per ton.
(ii) Conversion factors: 0.81 for potassium hydroxide.
(9) Public docket number: IRS-2025-0010.
Michael Beker,
Senior Counsel (Energy, Credits, and Excise Tax), IRS Office of Chief
Counsel.
[FR Doc. 2025-01373 Filed 1-17-25; 8:45 am]
BILLING CODE P
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