### Question
How is the "taxable chemical" defined?


### Answer
The term **taxable chemical** is defined in *26 U.S.C. § 4662* as follows -

> any substance—


(A) which is listed in the table under section 4661(b), and


(B) which is manufactured or produced in the United States or entered into the United States for consumption, use, or warehousing

#### Citation:
  - *26 U.S.C. § 4662*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 38-ENVIRONMENTAL TAXES > Subchapter B-Tax on Certain Chemicals**

