Sticky Chemical Polyisobutylene Faces Superfund Tax Petition
Published Date: 4/2/2025
Notice
Summary
A request has been made to add polyisobutylene to the list of chemicals that get taxed under the Superfund program. Companies dealing with this chemical should pay attention because this could mean new taxes soon. The government is asking for public comments before making any final decisions, so now’s the time to speak up!
Analyzed Economic Effects
1 provisions identified: 0 benefits, 1 costs, 0 mixed.
Polyisobutylene Superfund Tax Petition Filed
A petition has been filed asking that polyisobutylene be added to the list of substances taxed under the Superfund program. If polyisobutylene is added to that list, companies that handle or sell it would be subject to the Superfund tax. The Treasury/IRS is requesting public comments on the petition, and this notice is not a final decision to change the list.
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