
House Votes to Repeal Medical Device Tax
August 1, 2018 2:34 pmLast week, the House passed legislation 283-182--with 57 Democrats joining all voting Republicans--to permanently eliminate a tax on medical devices under the ACA.
Last week, the House passed legislation 283-182--with 57 Democrats joining all voting Republicans--to permanently eliminate a tax on medical devices under the ACA.
Yesterday, the House Ways and Means Committee held a markup of six bipartisan bills that would make several business extenders permanent, including the Research & Experimentation tax credit and Section 179 Business Expensing.
The Senate Finance Committee on April 3 will markup legislation, released earlier this week by Chair Ron Wyden (D-Ore.), that would extend a set of expired and soon-to-expire tax breaks commonly known as “tax extenders.”
Dozens of temporary tax provisions—known as extenders—expired at the end of 2013 when Congress failed to extend them for another...
Dozens of temporary tax provisions, or "extenders" are scheduled to expire at the end of 2013 given their exclusion from the broader budget deal and the fact that the House already has recessed for the year with the Senate recess slotted to begin at the end of this week.