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Medical Device Manufacturing Coalition Applauds Passage of Medical Device Tax Repeal Amendment
Date:3/21/2013

d States and around the world. However, with the implementation of the medical device tax, manufacturers have paid an estimated $388,000,000 to the Internal Revenue Service (IRS) so far this year, reallocating funds that could otherwise be directed towards investment in job creation and research and development.

This legislative effort is the most recent since February 2013, when Senators Hatch and Klobuchar introduced the "Medical Device Access and Innovation Protection Act," which included bipartisan co-sponsorship for the first time.


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SOURCE AdvaMed; MITA; MDMA
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