Search Results for citation:"90 FR 7245"

Found 2 results

Search Results: citation:"90 FR 7245"

💰 Only
Oldest Newest
  • 2025-01306 — Notice of OFAC Sanctions Action
    Type:Notice
    Citation:90 FR 7245
    Reading Time:less than a minute

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) announced that it has added one entity to its Specially Designated Nationals and Blocked Persons List (SDN List). This means that all properties and interests owned by this entity within U.S. jurisdiction are blocked, and U.S. citizens are generally not allowed to do business with them. This action follows OFAC's determination that certain legal criteria have been met, and it was officially issued on January 3, 2025. For more details, people can visit OFAC's official website.

    Simple Explanation

    The U.S. government has decided that a certain company is not allowed to do business with people in the U.S. because they've broken some rules, but they haven't said which company or which rules yet.

  • 2025-01372 — Superfund Tax on Chemical Substances; Request to Modify List of Taxable Substances; Notice of Filing for Potassium Bicarbonate
    💰
    Type:Notice
    Citation:90 FR 7245
    Reading Time:about 3 minutes

    The Internal Revenue Service, part of the Treasury Department, announced a notice requesting public comments on a petition to add potassium bicarbonate to the list of substances subject to a Superfund tax. The petition, submitted by the Occidental Chemical Corporation, proposes adding potassium bicarbonate, used in cattle feed, glass manufacturing, as a food additive, and a pharmaceutic ingredient, to the taxable list under the Internal Revenue Code. The petition details its classification numbers, composition, and the production process. The public is invited to provide feedback by March 24, 2025, either online or by mail, as outlined in the notice.

    Simple Explanation

    The government wants to know what people think about adding potassium bicarbonate, a chemical used in things like animal food and glass-making, to a special tax list to help clean up polluted areas. They invite everyone to share their thoughts online or by mail before the end of March 2025.