Category: Capitol HillSyndicate content

Could Medtronic-Covidien deal get caught in anti-inversion legislation?

July 16, 2014 by Arezu Sarvestani

Lawmakers aim to prohibit companies from shifting their headquarters overseas in order to evade U.S. taxes, a measure that would apply retroactively to deals such as Medtronic's $43 billion acquisition of Covidien.

Could Medtronic-Covidien deal get caught in anti-inversion legislation?

No more secrecy in medtech pricing, says Sen. King

June 5, 2014 by Arezu Sarvestani

Sen. Angus King (I-Maine) files a bill to prevent medtech companies from imposing secrecy clauses that prevent hospitals from talking about the prices they pay for medical devices.


(Transcript below)

Senator Angus King (I-Maine) has a new bill on the floor that he says will correct a fundamental imbalance in the medtech market, namely by imposing more pricing transparency on medical device makers.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Medtech tax: GOP won't take 'no' for an answer

May 14, 2014 by Arezu Sarvestani

Senate Majority Leader Harry Reid (D-Nev.) isn't looking friendly to new efforts to add a medical device tax repeal amendment to a tax credit extension bill taking shape now, but Republican lawmakers aren't ready to back down.

GOP pushes device tax repeal in extenders bill

Republicans aren't ready to back down from efforts to strike the medical device tax, even as insiders say that there's no way a repeal measure will make it into a tax credit extension bill taking shape now in the Senate.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Medical device tax repeal won't make it into tax cut extenders bill | MassDevice.com On Call

May 14, 2014 by Brad Perriello

An amendment to repeal the 2.3% sales tax on medical devices isn't likely to be included in pending legislation to extend tax cuts, according to Beltway insiders.

MassDevice.com On Call

MASSDEVICE ON CALL — There will be no bid to repeal or postpone the medical device tax in the legislation under debate in Washington to extend certain tax cuts, according to the Connect public policy blog.

Medtech tax: Indiana Senator solicits new Finance chair's support in anti-tax fight

April 10, 2014 by Arezu Sarvestani

Senator Joe Donnelly (D-Ind.) asks new Senate Finance Committee Chairman Ron Wyden (D-Ore.) to join in fighting to repeal the medical device tax.

Medtech tax: Indiana Senator solicits new Finance chair's support in anti-tax fight

Senator Joe Donnelly (D-Ind.) is hoping to garner the support of new Senate Finance Committee Chairman Ron Wyden (D-Ore.) in efforts to repeal the medical device tax.

In an open letter issued yesterday, Donnelly congratulated Wyden on his new role and voiced concerns that the medtech tax is hurting American innovation.

Get the complete picture with a MassDevice Plus membership. Registered users can login here.

Hatch bill to repeal medical device tax advances to Senate Finance

February 28, 2014 by Brad Perriello

A bill to repeal the medical device tax sponsored by Sen. Orrin Hatch (R-Utah) advances to the Senate Finance Committee.

Hatch bill to repeal medical device tax advances to Senate Finance

A bill aiming to repeal the medical device tax sponsored by Sen. Orrin Hatch (R-Utah) is before the Senate Finance Committee.

The bill was read in and sent to the finance panel Feb. 7, 2013. It would strike all references to the 2.3% excise tax on medical devices enacted as part of the Affordable Care Act from the federal tax code.*

Built on an AdaptiveTheme using Drupal by Michael Knapp  mknapp