The medical device tax is back in effect

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medical device taxThe ringing in of the new year also rang in the return of the medical device tax, a 2.3% levy on medtech sales that went back into effect after a two-year pause.

The U.S. Congress closed out 2017 without taking action to delay or repeal the medtech tax, despite broad support from both sides of the aisle. Before the holiday recess, House Ways & Means Committee Chairman Kevin Brady (R-Texas) said repealing the medical device tax and others contained in Obamacare would have to wait until early this year.

Get the full story on our sister site MassDevice.

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