3 Apr 2025
🧪IRS Notice on Superfund Tax Modification for Bromo-isobutene Rubber
Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Bromo-isobutene-isoprene Rubber (n=98.20, m=1.80)
Summary
This notice of filing announces that a petition has been filed requesting that bromo-isobutene-isoprene rubber ((C<INF>4</INF>H<INF>8</INF>)<INF>n</INF>- (C<INF>5</INF>H<INF>7.5</INF>Br<INF>0.5</INF>)<INF>m</INF>; n=98.20, m=1.80) be added to the list of taxable substances. This notice of filing also requests comments on the petition. This notice of filing is not a determination that the list of taxable substances is modified.
Agencies
- Treasury Department
- Internal Revenue Service
Business Impact
$$ - Med
The notice involves a request to modify a list of taxable substances, directly impacting companies dealing with bromo-isobutene-isoprene rubber, which may include compliance and financial liabilities due to the Superfund tax. Businesses may have to adjust their pricing and tax strategies accordingly.