Exxon Mobil Petitions IRS on Superfund Tax on Ethylene Propylene Diene Rubber
May 21, 2025
May 21, 2025
WASHINGTON, May 21 (TNSFR) -- The U.S. Department of the Treasury Internal Revenue Service (IRS) announced that Exxon Mobil Corporation has filed a petition to add ethylene propylene diene (EPDM) rubber to the list of taxable substances under the Superfund tax.
This action signals a potential expansion of the Superfund tax to include this synthetic rubber, commonly used in automotive parts, wire and cable insulation, and oil additives.
Exxon Mobil, an exporter of EPDM r . . .
This action signals a potential expansion of the Superfund tax to include this synthetic rubber, commonly used in automotive parts, wire and cable insulation, and oil additives.
Exxon Mobil, an exporter of EPDM r . . .