Health Law, Commercial Law & Contracts, Tax Law

Alabama Legislative Update – Week 12: Gun Bills, Budgets and Medicaid

by Denise Killebrew, Dennis Nabors | Baker, Donelson, Bearman, Caldwell &... on 5/7/2013

Last week, legislators turned their attention to the weightiest and most controversial issues, including debate and passage of several gun bills. Now, with only three legislative days remaining, both budgets will take...more

Sellers of Medical Devices May Need to Collect Sales Tax on Excise Surcharges

by Amol Jain | Berkeley Research Group, LLC on 2/25/2013

Starting this year, manufacturers and importers of certain medical devices must remit to the federal government a 2.3-percent excise tax on the sale of these devices (as discussed previously in this post). Many sellers pass...more

Legal Alert: 2013 Outlook for Insurance Regulation

by Sutherland Asbill & Brennan LLP on 1/31/2013

We end the first month of the year with a report on major insurance topics that we will be watching in 2013. Many of these developments can be traced to discrete events or market or political forces. This year, those...more

Excise Tax Kicks In Jan. 1 On Certain Medical Devices

by Scott D. Alfree, Lawrence P. Burns, Pamela Emenheiser, Zachary J. Meyer | Varnum LLP on 12/28/2012

Beginning January 1, 2013, manufacturers and importers of certain medical devices will be required by the U.S. Internal Revenue Service (IRS) to pay a new 2.3 percent medical device excise tax on the sales of taxable medical...more

Foley Hoag and AdvaMed Collaborate on Industry Guidance on Retail Exemption in Final Device Tax Regulations

by Thomas Barker, Ross Margulies | Foley Hoag LLP on 12/24/2012

Foley Hoag and the Advanced Medical Technology Association (AdvaMed) collaborated on an important resource guiding manufacturers, importers, and producers of taxable medical devices through the newly released Internal Revenue...more

Health Reform + Related Health Policy News Update - December 19, 2012

by Polsinelli on 12/20/2012

In This Issue: - President Opposes Medical Device Tax Repeal or Replace - Senators Call for Extension of Comment Period on ACA Proposed Rules - AHA Urges U.S. District Court to Expedite Case Involving CMS' Payment...more

IRS Releases Final Rule on Medical Device Tax

by King & Spalding on 12/18/2012

Last week, the IRS and the Treasury Department published final regulations regarding the medical device excise tax under § 4191 of the Internal Revenue Code (IRC). IRC § 4191, which was enacted by the Health Care and...more

Medical Devices To Be Taxed: Manufacturers and Importers Be Prepared

by Felicia Leborgne Nowels | Akerman Senterfitt on 12/18/2012

Beginning January 1, 2013, manufacturers, producers, and importers of medical devices must report and pay a 2.3% excise tax on the sales price of taxable medical device pursuant to Section 4191 of the Internal Revenue Code...more

New Rules Will Be “Taxing” On Medical Device Manufacturers

by Christine J. Kim, Richard (Rich) E. Peterson | Perkins Coie on 12/13/2012

The U.S. Department of the Treasury and the Internal Revenue Service (IRS) recently issued much-anticipated final regulations under Section 4191 of the Internal Revenue Code (Code), which imposes a 2.3% tax on sales of any...more

IRS Issues Device Tax Regulations; Industry Braces for 2013 Implementation

by Frances Emmeline Babb, M. Elizabeth Bierman, Michele L. Buenafe, Roderick K. Donnelly | Morgan Lewis on 12/12/2012

Pending the January 1 effective date, final regulations and interim guidance on the medical device excise tax provide some clarity but leave many questions unanswered. On December 7, the Internal Revenue Service (IRS)...more

Treasury Issues Binding Guidance On Medical Device Excise Tax

by Rosemary Becchi, George Schutzer | Patton Boggs LLP on 12/12/2012

The Department of the Treasury and the Internal Revenue Service (IRS) published in the December 7, 2012 Federal Register final regulations and released other interim guidance on the implementation of the new excise tax on...more

IRS Issues Final Regulations Implementing the Affordable Care Act’s Medical Device Excise Tax

by King & Spalding on 12/12/2012

On December 5, 2012, the Internal Revenue Service (IRS) published final regulations regarding the implementation of the excise tax applicable to the sale of certain medical devices, enacted by the Patient Protection and...more

Final Rules Issued for Health Care Reform Tax on Medical Devices, Effective January 1, 2013

by Jean C. Hemphill, Laura A. Kowal | Ballard Spahr LLP on 12/11/2012

The Internal Revenue Service (IRS) released final regulations and other guidance on the excise tax applicable to the sale of certain medical devices under the Affordable Care Act. Beginning January 1, 2013, a tax of 2.3...more

Mandelbaum Salsburg Fall 2012 Newsletter

by Arla Cahill on 10/19/2012

Mandelbaum Salsburg's Fall 2012 Newsletter containing helpful information for businesses and individuals. Table of Contents: Why Every Employer Needs a Social Media Policy A Business’s Obligations Under The Identity...more

Tassare gli alimenti dannosi per la salute e per i bilanci? Uno sguardo al recente (e ancora in corso) dibattito italiano

by Nicola Carmine Salerno on 9/9/2012

Tassare o non tassare le bibite analcoliche zuccherine e i superalcolici? La domanda è parte della più generale questione se ricorrere o meno alla leva fiscale per correggere abitudini alimentari dannose per...more

Coming in 2013, the Medical Device Excise Tax

by K&L Gates LLP on 8/7/2012

Now that the Supreme Court has upheld, at least in part, the Affordable Care Act, one of the additional taxes set to take effect in 2013 is the so-called Medical Device Excise Tax. Beginning in 2013, Section[1] 4191 imposes a...more

Environmental Audit, one of the conditions for Mining Operations in the Democratic Republic of Congo

by JOSEPH YAV KATSHUNG on 7/10/2012

Mining is a key sector and continues to grow in several part of the world including in the Democratic Republic of Congo [DRC]. Legislation for mining may require an environmental impact assessment to be carried out before a...more

Business News Digest - June 2012

by Venable LLP on 6/29/2012

In this issue: - Nonprofit Retirement Plan Fee Disclosure – Action Needed - What You Need to Know Regarding the New Maryland Income Tax Credit for Security Clearance Costs & Construction of SCIFs - ACOs,...more

Groundbreaking Legislation on Property Tax and Sales Tax Exemptions for Illinois Hospitals

by McDermott Will & Emery on 6/15/2012

Illinois Governor Patrick Quinn just signed into law a comprehensive and groundbreaking legislative package that significantly changes the criteria for establishing and maintaining property tax exemptions and sales tax...more

Regulations on Medical Device Excise Tax Proposed; Opportunities for Comment

by Patton Boggs LLP on 2/8/2012

On Friday, February 3, 2012 the Internal Revenue Service and Department of the Treasury (Treasury) released a Notice of Proposed Rulemaking (NPRM) on the excise tax imposed on the sale of certain medical devices under...more

New California Employment Laws That Impact Employers

by Venable LLP on 12/16/2011

Several new California employment laws will be going into effect in 2012. Some of these laws require prompt action to ensure compliance. Employers are encouraged to review employee-related materials and as necessary revise...more

Healthcare Legal News: September 9, 2011 • Volume 1, Number 2

by Dickinson Wright on 9/9/2011

IN THIS ISSUE: “Double Jeopardy”: The Contractual Enforcement of Healthcare Laws and Regulations in Payor Agreements; Tax and Exempt Provider News; Healthcare Reform News; Reimbursement News; Licensing, Fraud and Abuse...more

IRS Extends to June 10 the Deadline for Submitting Error Reports on Branded Prescription Drug Sales

by Reed Smith on 6/1/2011

On Friday, May 27, 2011, the Internal Revenue Service ("IRS") issued Notice 2011-46 (the "New Notice"), which extended to June 10, 2011 the deadline to submit error reports in accordance with the dispute resolution process...more

Beyond the Cover Story: A Focused Overview of the Key Provisions of the ACO Regulations

by Ober|Kaler on 5/10/2011

Agenda - Welcome – Julie Kass - Application and Agreement with CMS – Sarah Swank - Eligibility, Governance and Leadership – Sarah Swank and Bob Clark - Antitrust – Bill Berlin - Fraud and Abuse – Julie Kass -...more

IRS Issues Guidance on the Dispute Resolution Process for the Preliminary Fee Calculation of the 2011 Fee Imposed on Manufacturers...

by Reed Smith on 5/4/2011

On May 2, 2011, the Internal Revenue Service (the "IRS") issued Revenue Procedure 2011-24 (the "Revenue Procedure"), which establishes a dispute resolution process for the preliminary fee calculation for the 2011 fee imposed...more

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Health Law › Commercial Law & Contracts › Tax Law