Document DqQ02OaaGYxj8225Og7Q0eaN

l/a CHEMICAL MANUFACTURERS ASSOCIATION, INC. I 2501 M STREET, N.W. WASHINGTON, D.C. 20037 (202)887-1100 VISTA CHEMICAL COMPANY Attn: David Penney 12025 Vista Parke Dr. Austin, TX 78726-4050 D-U-N-S Identification Number 04-603-9192 TERMS - Payable Upon Receipt in U.S. Dollar* Invoice G 54709 J i January 4, 1994 Federal Identification Number 93-0104410 I For your company's pro-rata share for participation in the 1994 Vinyl Chloride Panel, Phase 910. $J,000.00 387-lQ*100-V05 We are now required by law to tell you that contributions, gifts or membership dues paid to CMA are not deductible as "charitable contributions" for Federal income tax purposes. This law does not affect the deductibility of these payments as a "business expense." CHEMICAL MANUFACTURERS ASSOCIATION, INC. CMA 0473X6 CMA INTEROFFICE MEMO Date: December TO: Jeanine R. Simms FROM: Has Shah VIA: Langley A. Spurlock / Gordon D. Strickland/ SUBJECT: Request for Invoicing Please invoice the following companies as indicated (see attached commitment form): 3ST'lD . ATTN: David Penney Vista Chemical Company 12025 Vista Parke Dr. Austin, TX 78726-4050 $3,000.00 The invoice should read: For your company's pro-rata share for participation in the 1994 Vinyl Chloride Panel, Phase 10 CMA 047317 DEC-09-1393 11=21 UISTP PSD 1 512 331 2387 P,001/001 CHEMICAL MANUFACTURERS ASSOCIATION Vinyl Chloride Penal Research Coordinators Commitment Form My company commits to contribute $3,000 for administrative and consultant services for the Vinyl Chloride Research Coordinators Task Force- The Panel Is conducted under the policies and procedures outlined in the CHEMSTAR Panel Guidelines (ss noted on tha reverse of this fora). While appreciates the opportunity, my company declines to participate. We are required by lew to tell you thet contributions, oiftm or membership dues psid to CMA ere not deduotibls ss "charitable contributions" for income tax purpoeee. Thie lew doee not_effect the deductibility of these peyments ee e "business expense." (optional) D. A. Penney Name (Typed) G, G. Draper Name (Typed) Research Manager Title Vista Chemical Company Company President. 0&V Division Title Vista Chemical Company Company 1202$ Vista Earke Dr. Austin,TX. P. 0. Box 19029. Houston. TX 77224 Address 7872(5-4050 Address (312). 33T-246_____________ Teiepuona (512) 331-2387 (Fax No.) Telecopier (Type, Make, Number) ___________________________________ Telephone _ Telecopier (Type, Make, Number) Pleast return signed form by Dsceabsr 31, 1993 to: Hasmukh C. Shah, Manager Chemical Manufacturers Association 2501 M Street, NW Washington, D.C. 20037 TOTAL P.001 CMA 047318 CHEMICAL MANUFACTURERS ASSOCIATION Dear Chemstar Panel Member The 1993 Omnibus Budget Reconciliation Act of 1993 has changed the way lobbying expenses are treated for tax deductibility. As a result of this Act, Section 162(e)(1) of the Internal Revenue Code was amended to disallow a tax deduction for lobbying related expenses. To comply with these recent changes in Federal Tax Law, CMA is now required to determine the percentage of each member's "dues or similar amounts " used to support CMA's lobbying activities. CMA has estimated that 13% of the 1993/94 fiscal year dues is allocable to lobbying and political expenditures which are covered by Section 162(e)(1) as amended. In accordance with this new law your company's commitment for participation in the Vinyl Chloride Panel Research Coordinators Task Force activities is included in the computation of CMA's total 1993/94 fiscal year dues. Consequently, 13% of our invoice #054709 in the amount of $3,000.00 is not deductible as an ordinary and necessary business expense for federal income tax purposes. Further, contributions to CMA are not tax deductible as charitable contributions. For additional information and guidance on this new law please consult your tax advisor. Chemical Manufacturers Association Accounting Department 2501 M Street, NW, Washington, DC 20037 Telephone 202-887-1100 Fax 202-887-1237 CMA 0473X9 Responsible Care1 A PuttieCommitment