White Paper: USA Medical Device Excise Tax

Included in the US Patient Protection and Affordable Care Act (PPACA) is a 2.3% excise tax applicable to manufacturers and importers of taxable medical devices that are sold or imported in/to the United States. The industry has known about MDET since the passage of the PPACA in 2010, but now it is crunch time for manufacturers and importers to ensure compliance with the new tax requirements.

This white paper provides a detailed overview of the tax, to whom it applies, and how payments need to be made to the Internal Revenue Service. Also included are examples of how to calculate the tax, and explanations of when payments need to be made.