We know buying and selling pre-owned medical equipment can be confusing. Below is our list of need to knows. […]
We believe this letter between our general counsel and the IRS to be good news for people who sell used equipment, and good news for most sales of refurbished equipment.
Preliminary Note: In 2010 the Medical Device Excise Tax law was enacted. The IRS issued two weeks ago a forty page preamble and eighteen pages of regulations with respect to its scope and implementation. 26 C.F.R. Part 48. The IRS also issued a ten page guidance document. This compilation is based on the IRS preamble, regulations and guidance document issued [...]
To keep you updated with our efforts in Washington, below is a link to a letter that was sent to the US Senate Majority Leader requesting a delay in the medical device tax. Read it here.
The regulations regarding the Medical Device Excise Tax were published in the Federal Register today. You can read them here. As the document is rather long, and includes supplemental documents, we will time to summarize how this affects IAMERS members. We have already requested more clarification on used equipment. We will post additional information as we [...]
Here’s another study questioning the usefulness of screening mammography. This one is from Sweden and reported in DOTmed news on July 18. Here’s the link: http://www.dotmed.com/news/story/19165?utm_campaign=2012-07-19&utm_source=DOTmed+News&utm_medium=email […]
by: Wayne Webster I’ve been in the workplace for 37-years and most of that time I’ve been working in or around the medical imaging space. About 10-years ago I started my consulting firm and began working with dealers and servicers of used medical imaging devices. I found this subset of the medical imaging device business [...]