Ombu Enterprises LLC Ombu Enterprises LLC   
 
 
 
  Medical Device Excise Tax Reinstated

29 CFR §4191 implements the medical device excise tax. The Consolidated Appropriations Act, 2016 adds a new subsection “(c) Moratorium – The tax imposed under subsection (a) shall not apply to sales during the period beginning on January 1, 2016, and ending on December 31, 2017.” Because Congress did not change the law, the tax goes into effect again on Jan. 1, 2018.

 

 
 
 
 
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