MITA asks Congress to fully repeal medical device tax before payments begin
The 2.3-percent tax on the sale of medical devices returned Jan. 1 after being suspended for two years, but the Medical Imaging & Technology Alliance (MITA) is now urging Congress to fully repeal the tax by Jan. 29, the day manufacturers are required to resume making payments.
“While MITA was disappointed that the medical device tax was not repealed before the end of 2017, we hope that Congress will take action to abolish the tax before the end of the month,” Joe Robinson, chairman of the MITA board of directors, said in a prepared statement.
MITA’s full letter to Congress can be read on the organization’s website.
More Radiology Business coverage of the tax can be read here and here.
Michael has more than 18 years of experience as a professional writer and editor. He has written at length about cardiology, radiology, artificial intelligence and other key healthcare topics.