IRS issues final rule on implementation of the medical device tax: What it might mean to the dental industry
The following letter was sent to members of the Dental Trade Alliance on December 5 ...
Dear Colleague:
Today the IRS published the final rule on the implementation of the medical device tax. You may find the full text here. You may also find additional IRS guidance which discusses specific issues including convenience kits. We have just begun reading the final rule and will provide more information soon.
DTA is sponsoring a webinar on the medical device tax next Wednesday, December 13th. You can get more information and register for the webinar here.
If you have questions for the speakers to answer during the webinar we ask that you forward those through the registration process as soon as possible.
As we analyze the IRS rule on medical devices, we are fighting in Congress to have the tax repealed. Some members of the Senate are indicating their support for delaying the tax. The fate of the medical device tax is tied to the debate on the ‘fiscal cliff,’ taxes and program cuts. DTA continues to fight for elimination of the tax. We continue to maintain that dental businesses will not benefit from the health reform law. For dental companies this remains an unfair tax.
Gary W Price
President and Chief Executive Officer
Dental Trade Alliance
4350 North Fairfax Drive, Suite 220
Arlington, VA 22203
703-379-7755
RELATED INFORMATION:Update on the Medical Device Tax and Sunshine Act from the Dental Trade Alliance
