3 Apr 2025
🛢️Proposed Tax Regulations for Emulsion Styrene-Butadiene Rubber
Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Emulsion Styrene-butadiene Rubber (m=15.83; n=2.53)
Summary
This notice of filing announces that a petition has been filed requesting that emulsion styrene-butadiene rubber ((C<INF>4</INF>H<INF>6</INF>)<INF>m</INF>- (C<INF>8</INF>H<INF>8</INF>)<INF>n</INF>; m=15.83; n=2.53) 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 outlines a proposed addition of emulsion styrene-butadiene rubber to the taxable substances list, which will impact businesses involved in its production and importation due to potential tax liabilities. Companies like Arlanxeo USA LLC and Arlanxeo Canada Inc. must prepare for compliance with new tax regulations.