Hidden Medical Excise Tax

Here Are All the Affordable Care Act Taxes Disappearing in 2020

https://www.newsweek.com/affordable-care-act-taxes-repealed-1478323

As Newsweek reported in 2017, the so-called "Cadillac tax" would have capped the tax deductions individuals could claim based on their health insurance benefits. It would have imposed a 40...

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, …

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 The Further Consolidated Appropriations Act, 2020 H.R. 1865 (Pub.L.116-94), signed into law on December 20, 2019, has repealed the …

The ‘Hidden’ Tax on Medical Device Start-Up Funding

https://www.medicaldesignbriefs.com/component/content/article/mdb/pub/features/articles/21146

ObamaCare Tax: Full List of ObamaCare Taxes

https://obamacarefacts.com/obamacare-taxes/

Medical Device Excise Tax. There is a 2.3% medical excise tax on medical device manufacturers and importers on the sale of taxable medical devices. Section 4191 of the Internal Revenue Code imposes an …

Taxes and the Affordable Care Act - Investopedia

https://www.investopedia.com/articles/personal-finance/020714/new-taxes-under-affordable-care-act.asp

The medical device tax failed to lower healthcare costs for consumers but increased costs and burdens on the healthcare sector as a whole. 27 The medical device tax was a 2.3% excise...

Chain email claims the health care law contains a hidden …

https://www.politifact.com/factchecks/2013/jun/14/chain-email/chain-email-claims-health-care-law-contains-hidden/

The chain email claims that Cabela's has "refused to hide" the charge, which is "supposed to be hidden from the consumer." It goes on to say that the medical excise …

Hidden insurance excise tax obligations arising from …

https://www.thetaxadviser.com/issues/2017/jul/hidden-insurance-excise-tax-corporate-chargebacks.html

Determine whether the U.S. company has filed excise tax returns. The federal insurance excise tax is reported quarterly on Form 720, Quarterly Federal Excise Tax …

Obamacare's Hidden Taxes | Investor's Business Daily

https://www.investors.com/politics/editorials/supreme-court-confirms-obamacare-massive-tax-burden/

• A $2.3 billion-a-year tax on drug companies. • A 10% excise tax on indoor tanning salons. • An $87 billion hike in Medicare payroll taxes for employees, as well as …

Medical Device Excise Tax: Moratorium Considerations …

https://www.thetaxadviser.com/issues/2016/jun/medical-device-excise-tax.html

Before the PATH Act, Sec. 4191 imposed a medical device excise tax on the sale, use, or lease of a "taxable medical device" by its manufacturer or importer at a rate …