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  • The 2013 Medical Device Tax - Impact of the New Tax on the
    Marketing and Sale of Human and Veterinary

  • Hosted By:
  • ComplianceOnline
  • Start:
  • Tuesday - Jun 11, 2013 10:00 AM
  • End Time:
  • Tuesday - Jun 11, 2013 11:00 AM
  • Location:
  • Online
  • This webinar will provide a comprehensive overview of the 2013 Medical Device Excise Tax (Medical Device Tax) and its applicability to medical devices intended for marketing and sale in the U.S.

    Why Should You Attend:

    The Medical Device Tax applies to any medical device falling within the definition of a device in Section 201(h) of the Federal Food, Drug, & Cosmetic Act ("FDCA"). The FDCA defines the term "device" very broadly to include instruments, machines, implants and in vitro reagents, among others. For the tax to apply, the device must be marketed and sold for use in humans.

    This webinar will provide a comprehensive overview of the application of the new Medical Device Excise Tax. It will also examine Congressional efforts to repeal the tax that was meant to help pay for $29 billion of the costs of the new healthcare law or Affordable Care Act of 2010.

    Learning objectives:

    - Gain a basic understanding of the scope and applicability of the new Medical Device Tax
    - Learn how the FDA defines and regulates a "medical device" and understand the types of devices subject to the new tax
    - Become familiar with the provided exceptions to the Medical Device Tax while learning the types of devices to which the tax does not apply
    - Learn what constitutes a "taxable medical device" for purposes of the tax
    - Recognize who is responsible for paying the tax and how it is levied
    - Determine its impact on veterinary medical devices
    - Learn the arguments for and against maintaining the new tax. Understand the current status of the tax and Congress' efforts to repeal it
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