You?ve probably never heard of H.R. 436, the Protect Medical Innovation Act of 2011. The bill was proposed by Rep. Erik Paulsen (R-MN) just a few months after the Patient Protection and Affordable Care Act (more commonly called ?the health care reform bill? or alternatively, ?Obamacare?) was slated to take effect.

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    The Affordable Care Act (ACA) has a provision in it called the medical device tax, which is a 2.3% excise tax on a wide variety of medical devices, including most of the products sold by one of the biggest ... COV). The vote on the acquisition is expected ...
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  • Device industry poised for gains in new Congress
    WASHINGTON - The medical-device industry ... by a 79-20 vote, a non-binding resolution to kill the tax. More than 30 Democrats joined in. AdvaMed's Scott said lawmakers from both parties support the repeal because using an excise tax - often applied ...
    11/14/2014 - 4:33 am | View Link
  • In Deal to Cut Corporate Taxes, Shareholders Pay the Price
    The Medtronic deal is the biggest one so far. The merger of medical device ... the tax for executives. The real question is why shareholders at Medtronic and other companies haven’t protested. After all, Medtronic’s shareholders will get to vote ...
    07/8/2014 - 4:03 pm | View Link
  • Why the Medical Device Tax Came to Rule the Debt-Ceiling Talks
    The medical device tax is a 2.3 percent excise tax on such items as defibrillators ... has no interest in bringing a repeal bill to a vote because he helped broker a deal to cut the tax in half in 2009. And the biggest backer of the tax, President Barack ...
    10/15/2013 - 9:16 am | View Link
  • Congress Closes In on a Deal
    Off the table as of late Monday evening was a delay or repeal of the medical-device excise tax which ... in a Senate vote. "A good, strong outcome helps them a lot. I think it helps Speaker Boehner also." Manchin added: "I think the biggest thing we ...
    10/15/2013 - 2:45 am | View Link
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  • International News | World News
    Get the latest international news and events from Asia, Europe, the Middle East, and more. See world news photos and videos at ABCNews
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  • Excise Tax on Medical Devices Should Not Be Repealed ...
    The House may soon vote on a measure to repeal the 2.3-percent excise tax on medical devices that policymakers enacted in 2010 to help pay for health reform. The ...
    05/22/2015 - 1:56 am | View Website
  • Morning Tax | POLITICO
    Read the take from yours truly here: HAPPY WEDNESDAY! Send any tax news to or follow me on Twitter for more tax ...
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  • News & Analysis | Bloomberg BNA
    An integrated legal research and business intelligence solution, combining trusted news and analysis with cutting-edge technology to provide legal professionals tools ...
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  • Medical Device Excise Tax
    TRUE: Health care legislation imposed a 2.3% excise tax on the sale of medical devices as of 1 January 2013. TRUE: The Cabela's chain (and some other stores ...
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Welcome to Wopular

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