[Federal Register Volume 59, Number 102 (Friday, May 27, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-12911]


[[Page Unknown]]

[Federal Register: May 27, 1994]


-----------------------------------------------------------------------


DEPARTMENT OF THE TREASURY
 

Tax on Certain Imported Substances; Filing of Petition

AGENCY: Internal Revenue Service (IRS), Treasury.

ACTION: Notice.

-----------------------------------------------------------------------

SUMMARY: This notice announces the acceptance, under Notice 89-61, 
1989-1 C.B. 717, of a petition requesting that texanol benzyl phthalate 
be added to the list of taxable substances in section 4672(a)(3). 
Publication of this notice is in compliance with Notice 89-61. This is 
not a determination that the list of taxable substances should be 
modified.

DATES: Submissions must be received by July 26, 1994. Any modification 
of the list of taxable substances based upon this petition would be 
effective April 1, 1994.

ADDRESSES: Send submissions to: CC:DOM:CORP:T:R (Petition), room 5228, 
Internal Revenue Service, POB 7604, Ben Franklin Station, Washington, 
DC 20044. In the alternative, submissions may be hand delivered between 
the hours of 8 a.m. and 5 p.m. to: CC:DOM:CORP:T:R (Petition), 
Courier's Desk, Internal Revenue Service, 1111 Constitution Avenue NW, 
Washington, DC.

FOR FURTHER INFORMATION CONTACT: Tyrone J. Montague, Office of 
Assistant Chief Counsel (Passthroughs and Special Industries), (202) 
622-3130 (not a toll-free number).

SUPPLEMENTARY INFORMATION: The petition was received on June 29, 1993. 
The petitioner is Monsanto Company, a manufacturer and exporter of this 
substance. The following is a summary of the information contained in 
the petition. The complete petition is available in the Internal 
Revenue Service Freedom of Information Reading Room.

HTS number: 3812.20.00.00
CAS number: 16883-83-3.

    This substance is derived from the taxable chemicals xylene, 
toluene, chlorine, methane, propylene, and sodium hydroxide. Texanol 
benzyl phthalate is a liquid produced predominantly by the reaction of 
texanol (2,2,4-trimethyl-1, 3-pentanediol monoisobutyrate) and phthalic 
anhydride to produce a monoester, the sodium salt of which (produced by 
reaction with sodium hydroxide) is reacted with benzyl chloride.
    The stoichiometric material consumption formula for this substance 
is:
C8H10 (xylene)+C7H8 (toluene)+C12 (chlorine)+4 
CH4 (methane)+4 C3H6 (propylene)+NaOH (sodium hydroxide)+4 
O2 (oxygen) ----> C27H34O6 (texanol benzyl 
phthalate)+HCl (hydrochloric acid)+5 H2 
(hydrogen)+C4H10O (isobutyl alcohol)+NaCl (sodium chloride)+2 
H2O (water)

    According to the petition, taxable chemicals constitute 80.8 
percent by weight of the materials used to produce this substance. The 
rate of tax for this substance would be $5.79 per ton. This is based 
upon a conversion factor for xylene of 0.28, a conversion factor for 
toluene of 0.24, a conversion factor for chlorine of 0.19, a conversion 
factor for methane of 0.17, a conversion factor for propylene of 0.44, 
and a conversion factor for sodium hydroxide of 0.09.

Comments and Requests for a Public Hearing

    Before a determination is made, consideration will be given to any 
written comments (a signed original and eight (8) copies) that are 
submitted timely to the IRS. All comments will be available for public 
inspection and copying. A public hearing may be scheduled if requested 
in writing by a person that timely submits written comments. If a 
public hearing is scheduled, notice of the date, time, and place for 
the hearing will be published in the Federal Register.
Dale D. Goode,
Federal Register Liaison Officer Assistant Chief Counsel (Corporate).
[FR Doc. 94-12911 Filed 5-26-94; 8:45 am]
BILLING CODE 4830-01-U