IRS releases final regulations and interim guidance on medical device excise tax

Guidance impacts manufacturers, producers and importers of medical devices.

On 7 December, the Treasury Department and the Internal Revenue Service published final regulations and additional interim guidance under Internal Revenue Code section 4191 relating to the medical device excise tax (MDET) that was enacted as part of the Health Care and Education Reconciliation Act of 2010, in conjunction with the Patient Protection and Affordable Care Act.

IRS releases final regulations
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