Nicholas Mowbray Comments on Chemicals Industry Response to Revived Toxics Tax

News / February 16, 2022

Counsel Nicholas Mowbray is quoted in an article published February 14, 2022, by Bloomberg Law. The article, “Chemicals Industry Pushing IRS for Flexibility on Revived Tax,” details steps that companies are taking in response to the IRS reinstating new rules for a toxics tax that the industry hasn’t had to pay in decades. Mowbray noted that the IRS seems open to a push for the agency to provide flexible provisions to the tax. “They’re definitely receptive, and they’re definitely keen to receive practical questions, concerns, considerations from people in the industry,” Mowbray said.

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