Title

Discussion of potential impact of a 2.3 percent tax on medical devices not sold

Authors

Matt Dodge

Source

Mainebiz

Date

8-20-2012

Pages

1, 6

Abstract

Discussion of potential impact of a 2.3 percent tax on medical devices not sold directly to consumers. The tax, a provision of the Affordable Care Act, will go into effect on January 1 and has manufacturing companies worried about the potential loss of revenue, higher costs being passed on to consumers, and companies' abilities to invest in R&D.

Subjects

United States Patient Protection and Affordable Care Act, Medical instruments and apparatus, Taxation

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