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Industry rips device tax as regs arrive
Modern Healthcare

The Internal Revenue Service issued its final regulations on the medical device excise tax, prompting renewed calls by manufacturers to repeal or delay implementation of the tax. A provision of the Patient Protection and Affordable Care Act mandates manufacturers pay a 2.3% tax on the sales of certain medical devices starting next month. The tax is considered the industry’s contribution to financing the 2010 healthcare law.

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