FLASH: Medical device tax payments hit the $1B mark

July 15, 2013 by Arezu Sarvestani

Medtech companies have collectively paid an estimated $1 billion in compliance with the Affordable Care Act's 2.3% medical device sales tax.

MassDevice.com coverage of the medical device tax

The 2.3% medical device sales tax has cost the industry an estimated $1 billion so far, according to a report released by a coalition of medical device lobbying groups, which called the milestone "frightening."

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