Tier IV has rolled out over time based on HP classes. As of now, pretty much everything has to be certified Tier IV, but some HP classes require a lot more than others to meet the standards. I think under 25.9HP requires very little. 26-49.9HP requires more, 50-75 HP norms are even more stringent. I do not think that there are any new tractor sizes that are exempt, but you will find that 25.9HP and down are essentially the same as Tier III from what I can see.
That is why some manufacturers are taking the 26-28 HP models and turning them down (or rating at lower RPM) and certifying them at 25.9HP. If you look for a low rpm higher cubic inch 25.9 or lower HP tractor, then you are probably looking at a turned down model for EPA reasons. And that is a good thing in my book. A larger engine turning slower in a small tractor will last forever, be quieter and use less fuel. And it will have no additional smog components. It's a win-win.
The Mahindra Max 24 and the Max 26, for example, are Tier IV tractors that use essentially the same engine that was used in the Tier III 3016 Mahindra. They have a ton of power and do so at low rpm.
I'm no expert on the EPA norms, but I hope this contributes to the conversation.