21 May 2025
🧪Notice to Modify Taxable Substances List for Neo Decanoic Acid
Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Neo Decanoic Acid
Summary
This notice of filing announces that a petition has been filed requesting that neo decanoic acid 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
This notice relates to a potential change in the list of taxable substances under the Superfund Tax, specifically adding neo decanoic acid. Businesses like Exxon Mobil could face new tax liabilities affecting pricing and profitability. Comments from the public may influence final decisions, impacting regulatory costs and compliance.