21 May 2025
⚗️IRS Notice on Adding Tridecyl Alcohol to Taxable Substances List
Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Tridecyl Alcohol
Summary
This notice of filing announces that a petition has been filed requesting that tridecyl alcohol 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 pertains to the potential inclusion of tridecyl alcohol as a taxable substance, which may affect companies that produce or trade this chemical. Businesses like Exxon Mobil will need to be aware of tax implications associated with the production and sale of tridecyl alcohol, especially with the suggested tax rate of $7.40 per ton.