IRS Announces Exxon Mobil Files Petition to Add Isodecyl Alcohol to Superfund Taxable Substances List
May 16, 2025
May 16, 2025
WASHINGTON, May 16 (TNSFR) -- The U.S. Department of Treasury Internal Revenue Service announced that Exxon Mobil Corporation has filed a petition requesting the addition of isodecyl alcohol to the list of taxable substances under the Superfund tax provisions. Exxon Mobil, a major exporter of isodecyl alcohol, submitted the petition on May 1, 2025, seeking recognition of this chemical as subject to the excise tax imposed under section 4672(a) of the Internal Revenue Code.
The petiti . . .
The petiti . . .