The Internal Revenue Service (IRS) has issued its publication on excise taxes (IRS Publication 510) which, among other things, summarizes the tax the IRS imposes on the sale or use of: chemicals that deplete the ozone-layer (ozone-depleting chemicals, ODCs); and imported products containing or manufactured with ODCs (e.g. dusting sprays, television receivers, certain microwave ovens, foam sofas and mattresses, etc). The IRS explains that Form 6627 is used to calculate the environmental tax on ODCs, imported products containing or manufactured with ODCs, etc. This figure is then entered and reported on Form 720, to which Form 6627 must be attached. (In addition to providing information on environmental taxes (i.e. ODC taxes), IRS Publication 510 also provides information on communications and air transportation taxes, fuel taxes, heavy truck taxes, etc.) Taxable ODCs IRS Form 6627 states that the following ODCs are taxable : Post-1989 ODCs: CFC-11, CFC-12, CFC 113, CFC-114, CFC-115, Halon-1211, Halon-1301, and Halon-2402. Post-1990 ODCs: Carbon tetrachloride, methyl chloroform, CFC-13, CFC-111, CFC- 112, and CFC-211 through CFC-217. Tax on ODCs Generally Imposed when ODC is First Used or Sold. IRS Publication 510 states that this tax is imposed on an ODC when it is first used or sold by…

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