New tax on medical device manufaturers

National Health Care Reform Legislation, tax changes, Uncategorized — By on July 6, 2010 at 7:18 AM

New excise tax on medical device manufacturers equal to 2.3 percent of the price for which the medical device is sold. The tax will not apply to eyeglasses, contact lenses, hearing aids, and any other device deemed by the Secretary of DHHS to be of the type available for regular retail purposes.

Source: NAHU

 

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