IRS Issues Final Rule on Medical Device Tax

This document contains final regulations that provide guidance on the excise tax imposed on the sale of certain medical devices.  The tax rate is 2.3 percent.  The final rule exempts medical devices that are purchased at retail outlets, via telephone or on the internet.

For more information please utilize the following link

http://www.gpo.gov/fdsys/pkg/FR-2012-12-07/pdf/2012-29628.pdf

If you have questions or need additional information please call Richard Dixon at

(321) 473-8561.