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Understanding the Medical Device Excise Tax - US
- https://www.avalara.com/us/en/learn/whitepapers/medical-device-excise-tax.html
- The medical device tax is a 2.3% excise tax on sales of specific medical devices, generally not sold for individual use, and is paid and remitted by importers, manufacturers, and distributors of medical devices. The medical device tax is a funding source for the …
Medical Device Excise Tax | Internal Revenue Service
- https://www.irs.gov/newsroom/medical-device-excise-tax
- Repeal of Medical Device Excise Tax. The Further Consolidated Appropriations Act, 2020 H.R. 1865 (Pub.L.116-94), signed into law on December 20, 2019, has repealed the …
Medical device companies & tax reform - KPMG
- https://tax.kpmg.us/articles/2018/medical-device-companies-and-tax-reform.html
- Section 4191 imposes a medical device excise tax on the sale, use, or lease of a "taxable medical device" by its manufacturer or importer at a rate of 2.3% of the price for which …
What the Repeal of the Medical Device Tax Means | Feb …
- https://www.bdo.com/insights/industries/life-sciences/what-the-repeal-of-the-medical-device-tax-means-fo
- Originally signed into law in March 2010, the MDT was intended to serve as a funding mechanism for the Affordable Care Act (ACA). It imposed a 2.3% excise tax on …
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