Healthcare Reform Tax

New IRS Regulations on Taxing of Medical Devices

On Friday, December 7, 2012, the IRS released the final regulations that provide guidance on the 2.3 percent excise tax imposed on the sale of certain medical devices. The proposed regulations were released for public comment on February 7, 2012.

For more information on this tax and for a list of FAQs, click here or here (AVMA website).

For an article that appeared in the December 18 issue of AAHA NEWStat, click here.