3 Apr 2025

🧪Tax Implications for Hydrogenated Acrylonitrile-Butadiene Rubber

Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Hydrogenated Acrylonitrile-Butadiene Rubber (x=2,783.05, y=1,907.27, a=5.74)

Summary

This notice of filing announces that a petition has been filed requesting that hydrogenated acrylonitrile-butadiene rubber ((C<INF>4</INF>H<INF>8</INF>)<INF>x</INF>- (C<INF>3</INF>H<INF>3</INF>N)<INF>y</INF>- (C<INF>15</INF>H<INF>24</INF>O)<INF>a</INF>; x=2,783.05, y=1,907.27, a=5.74) 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 ?

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The notice indicates that hydrogenated acrylonitrile-butadiene rubber may be added to the list of taxable substances, which could directly impact businesses involved in its production and use. Companies need to comply with potential tax obligations, making it crucial for business owners to monitor developments and make informed decisions.

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