2025-05619Notice

IRS Eyes Tax on Fancy Plastic: Ethylene Vinyl Acetate Gets Scrutinized

Published Date: 4/3/2025

Notice

Summary

A new request wants to add a special kind of plastic called ethylene vinyl acetate (with 50% or more VA) to the list of chemicals that get a Superfund tax. This tax helps clean up pollution, so companies making or using this plastic might pay more soon. The government is asking for your thoughts before making any final decisions.

Analyzed Economic Effects

1 provisions identified: 0 benefits, 1 costs, 0 mixed.

Petition to Tax EVA (VA ≥ 50%)

A petition asks to add ethylene vinyl acetate with 50% or more vinyl acetate (VA ≥ 50%; formula shown with n=75.42, m=24.58) to the list of substances subject to the Superfund tax. If added, companies that make or use this plastic could have to pay the Superfund tax. The agency is requesting public comments on the petition and this notice is not a final decision.

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Key Dates

Published Date
4/3/2025

Department and Agencies

Department
Independent Agency
Agency
Treasury Department
Internal Revenue Service
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