Issue Number: N-2023-52
Inside This Issue
Notice 2023-52 announces that the Treasury Department and IRS intend to issue proposed regulations under section 5000D. Specifically, the notice proposes that future regulations will provide:
(1) rules on the scope of sales subject to the section 5000D tax;
Section 5000D of the Internal Revenue Code imposes an excise tax on certain sales of certain drugs by manufacturers, producers, and importers of the drugs.
Notice 2023-52 will be in IRB: 2023-35, dated August 28, 2023.
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