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Mon February 5, 2018

Manufacturers of medical devices received a surprise in the short-term continuing resolution (CR) Congress enacted to end the government shutdown last month. The bill included a two-year moratorium on the 2.3-percent tax on the sale of medical devices, which previously expired at the end of 2017. Congress previously suspended the tax, which was originally enacted to help fund the Affordable Care Act, as part of package of business tax relief passed in December 2015.  Despite a concerted effort, PLASTICS and others opposing the tax have been unable to secure its full, permanent repeal since its enactment. The current suspension runs through December 31, 2019.