26Title 26The US tax code, read & explained

26 U.S.C. § 4661

§ 4661. Imposition of tax

177 words · amended 3 times · cited by 2 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Added in 1980 by the Public Law 96-510. Last changed November 15, 2021 by the Public Law 117-58.

Every change, newest first (4)
  1. November 15, 2021Public Law 117-58
  2. October 21, 1986Public Law 99-509
  3. October 17, 1986Public Law 99-499
  4. December 11, 1980Public Law 96-510 · added this section

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Structure

  1. (a) General rule
  2. (b) Amount of Tax
  3. (c) Termination
(a) General rule

There is hereby imposed a tax on any taxable chemical sold by the manufacturer, producer, or importer thereof.

(b) Amount of Tax

The amount of tax imposed by subsection (a) shall be determined in accordance with the following table:

In the case of:The tax is the following amount per ton:
Acetylene$9.74
Benzene9.74
Butane9.74
Butylene9.74
Butadiene9.74
Ethylene9.74
Methane6.88
Napthalene9.74
Propylene9.74
Toluene9.74
Xylene9.74
Ammonia5.28
Antimony8.90
Antimony trioxide7.50
Arsenic8.90
Arsenic trioxide6.82
Barium sulfide4.60
Bromine8.90
Cadmium8.90
Chlorine5.40
Chromium8.90
Chromite3.04
Potassium dichromate3.38
Sodium dichromate3.74
Cobalt8.90
Cupric sulfate3.74
Cupric oxide7.18
Cuprous oxide7.94
Hydrochloric acid0.58
Hydrogen fluoride8.46
Lead oxide8.28
Mercury8.90
Nickel8.90
Phosphorus8.90
Stannous chloride5.70
Stannic chloride4.24
Zinc chloride4.44
Zinc sulfate3.80
Potassium hydroxide0.44
Sodium hydroxide0.56
Sulfuric acid0.52
Nitric acid0.48.

(c) Termination

No tax shall be imposed by this section after December 31, 2031.