3 Apr 2025
🧪IRS Notice on Superfund Tax 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=14.14; n=2.26)
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=14.14; n=2.26) 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 request to modify the taxable substances list, affecting compliance and financial liabilities for companies using emulsion styrene butadiene rubber. The proposed tax could impact production costs significantly for affected businesses, particularly those in manufacturing industries.