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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 The Further Consolidated Appropriations Act, 2020 H.R. 1865 (Pub.L.116-94), signed into law on December 20, 2019, has repealed the …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 …
Medical Device Tax - HIDA
- https://www.hida.org/distribution/advocacy/industry-issues/Medical_Device_Tax.aspx
- President Trump signed into law late December 2019 a full and permanent repeal of the 2.3% excise tax on medical devices as part of a broader deal to fund the …
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