Living Innovation Blog
A blog about important topics for medical device and healthcare innovators.
Explaining the Device Tax: Part 2
In an earlier blog entry, I provided a brief overview, based on a number of sources, of the proposed upcoming medical device tax. In this entry, I am going to describe a little more about who is responsible for the tax, and what (could) qualify as taxable. I have used a number of sources for this information and present my assimilated understanding here. (And please, a reminder – I am not an attorney, nor do I play one on TV. Please do not take my layperson’s analysis of the tax laws as legal advice; please always consult an attorney.)
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Posted on Oct 29, 2010
Explaining the Device Tax: Part 1
I recently took a closer look at the new proposed Device Tax, which is part of the Patient Protection and Affordable Care Act, the major health care reform legislation signed into law by President Obama. This is something that is near and dear to our hearts, here at Ximedica, and I was tasked with writing up a explanation of the issues so that all of our employees could have a basic understanding. As such, we thought we might post it online for others to learn from, as well.
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Posted on Oct 10, 2010