Search Results for keywords:"producers"

The Department of Commerce has initiated administrative reviews of certain antidumping and countervailing duty orders and findings. These reviews evaluate claims regarding whether exporters or producers have absorbed duties on merchandise sold in the U.S. and determine separate rates for companies from non-market economy countries to assess if they are sufficiently independent from government control. Exporters and producers seeking separate rate status must submit the required applications or certifications within set deadlines. The reviews are conducted according to regulations and involve a timeline for submitting additional information and responding to questionnaires.

The Internal Revenue Service (IRS) has proposed new rules to manage an excise tax on the sale of certain designated drugs by manufacturers, producers, and importers. These regulations detail how the tax will be applied and calculated, particularly focusing on sales during specific periods defined by law. The proposed rules include definitions of terms like "manufacturer" and "sale," guidelines for identifying sales subject to the tax, and methods for calculating the tax amount. The rules aim to ensure that the tax is assessed fairly and are seeking public comments and possible requests for a hearing by March 3, 2025.