Tag Archives: retail exemption

Breaking: CMS Issues Final Rule on Medical Device Excise Tax O&P Status

Earlier today, CMS published the final rule on the implementation of the medical device excise tax in the Federal Register. The medical device excise tax, a 2.3% tax levied on Class I, II and III medical devices, has been a … Continue reading

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Orthotics and Prosthetics Likely “Exempt” from Medical Device Excise Tax

The Internal Revenue Service (IRS) and the Treasury Department recently released initial rules providing details of how the IRS plans to implement the medical device excise tax.  Created as part of the Affordable Care Act in 2010 during the reconciliation … Continue reading

Posted in Manufacturer, Orthotics and Prosthetics | Tagged , , , , , | 1 Comment