Affordable Health Care Act Archives | The American Ceramic Society

Affordable Health Care Act

Medical device companies appeal to Congress and IRS to avoid excise tax in 2013

By Eileen De Guire / August 15, 2011

A bare-metal coronary stent. Credit: Frank C. Müller; Wikipedia Creative Commons license The 2010 Affordable Health Care Act includes a provision for a 2.3% excise tax to be levied against the revenues of medical device companies starting in 2013 regardless of whether the company generates a profit or not, which means companies could owe more…

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