TITLE

The Medical Device Tax: What's Happened in Four Months?

AUTHOR(S)
Brown, Phillip
PUB. DATE
May 2013
SOURCE
Orthopedic Design & Technology;May/Jun2013, Vol. 9 Issue 3, p26
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of the medical device excise tax (MDET) to manufacturers of medical supplies as mandated in the Internal Revenue Code. It cites the significance of the law to manufacturers of medical devices which imposes taxes on products sold after December 31, 2012, including prior inventories and production. It reveals that the U.S. Senate has voted to eliminate the MDET with a nonbinding resolution, but the tax is still in effect.
ACCESSION #
87729148

 

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