Device Tax Delay? 18 Senate Dems Say ‘Yes’; Obama Says ‘No’
This article was originally published in The Pink Sheet Daily
Executive Summary
Potential delay of the device tax seemed to gain momentum with a recent letter from 18 Senate Democrats to Senate Majority Leader Reid, but the president and Senate Finance Committee leadership are not on board.
You may also be interested in...
Device Firm Dollars Go To Senators Favoring Repeal Of Excise Tax
In the upcoming 2014 Senate election, medtech firms spending the most campaign dollars are backing Senators who would vote to repeal the device excise tax, Republican incumbents, and friends to the industry running tight races. Story and detailed data infographic on key races and campaign contributions.
Final IRS Device Tax Rule Changes Little From Draft As Industry Focuses On Repeal Effort
Though the IRS final regulation offers some wins for industry, manufacturers continue to seek repeal of the device tax.
Device Industry Amps Up Efforts To Repeal Device Tax In Lame Duck Session
Industry groups flew in more than 50 CEOs to visit Capitol Hill, launched an ad campaign and released an impact report last week as part of a stepped-up effort to get Congress to repeal the impending medical device tax before it goes into effect Jan. 1.