Hello Device Tax, We Hardly Missed You: Companies Seek IRS Action To Stall Tax
Executive Summary
With congressional options exhausted for 2017, industry hopes for IRS relief from the device-tax reality, either with a temporary waiver of deposit penalties or some broader tax-enforcement delay.
You may also be interested in...
With Legislation In Balance, IRS Gives Temporary Relief From Device Tax Penalty
The Internal Revenue Services will hold off penalizing medical device-makers for late payments of the device tax for the first three quarters of the year, after lobbying from industry and lawmakers.
Medtech's Unfinished Business For Congress In 2018: What's Ahead
US Congress successfully pushed through a user-fee bill in 2017 to help smooth the regulatory path at FDA for medical devices and other products, but other efforts, including several industry priorities, remain undone. On top on the list, of course, is the effort to repeal the device excise tax. But legislation is also on the table to address diagnostics regulation, telehealth reimbursement, and medtech cybersecurity vulnerability, among other issues. Here is a look at the medtech landscape in Congress in 2018.
Problem Solved? Health-Care Bill From US House Caucus Aims To Repeal Device Tax By Year's End
Time's running out for Congress to repeal the 2.3% medical device excise tax before its suspension ends on Dec. 31. But a new health-care bill introduced yesterday by the House Problem Solvers Caucus could kill the tax by then.