On July 2, 2013, the Obama administration announced that it will delay enforcement of the employer shared responsibility penalties under the Patient Protection and Affordable Care Act (PPACA) until 2015. The one-year enforcement delay will also apply to certain related health plan reporting requirements under PPACA. Treasury will issue formal guidance regarding the delay within the next week. The formal guidance will give us more information, but here is what we know so far:

- The only official statement regarding the delay has been issued in the form of a blog post from Mark J. Mazur, the Assistant Secretary for Tax Policy, on the U.S. Department of the Treasury website (treasury.gov). The primary subject of the post was Treasury’s decision to delay certain mandatory reporting requirements under Internal Revenue Code (Code) sections 6055 and 6056 that were added by PPACA.

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