2025-05621Notice

Rubber Tax Alert: Chloroprene Joins Superfund Hit List

Published Date: 4/3/2025

Notice

Summary

A petition wants to add chloroprene rubber to the list of chemicals that get a Superfund tax. Companies dealing with this stuff might pay new taxes if it’s approved. The government is asking for your thoughts before making any decisions, so now’s the time to speak up!

Analyzed Economic Effects

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

Chloroprene Rubber Could Become Taxable

A petition has been filed asking that chloroprene rubber be added to the list of taxable substances. If that change is approved, companies that make, import, or handle chloroprene rubber could become subject to new taxes. The government is requesting public comments now, and this notice itself 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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