INTERNAL REVENUE SERVICE ISSUES NOTICE: SUPERFUND TAX ON CHEMICAL SUBSTANCES; REQUEST TO MODIFY LIST OF TAXABLE SUBSTANCES; NOTICE OF FILING FOR BROMOBUTYL ISOBUTYLENE ISOPRENE RUBBER (X = 7071, Y = 59, Z = 50)

WASHINGTON, May 13 -- Internal Revenue Service has issued a notice called: Superfund Tax on Chemical Substances; Request To Modify List of Taxable Substances; Notice of Filing for Bromobutyl Isobutylene Isoprene Rubber (x = 7071, y = 59, z = 50).

The notice was published in the Federal Register on May 13 by Michael Beker, Senior Counsel (Energy, Credits, and Excise Tax), IRS Office of Chief Counsel.

Summary: This notice of filing announces that a petition has been filed requesting that bromobutyl isobutylene isoprene rubber ((C 4H 8) x(C 5H 8) y(Br 2) z; x = 7071, y = 59, z = 50), also known as BIIR, 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 det...