On December 5, the Internal Revenue Service (IRS) published its final regulations on the excise tax imposed on the sale of certain medical devices, enacted by the Patient Protection and Affordable Care Act (PPACA) (“Healthcare Reform”). After pushing for the exemption of eyeglasses, The Vision Council confirmed last month that the final rule excludes eyeglasses as a taxable item under this excise tax.
To help members better understand how this final rule affects the vision industry, The Vision Council hosted a conference call, led by its government relations team, on Thursday, December 20, 2012. Click here to listen to the recording from the call.
For more information about the IRS’s final rule, including frequently asked questions on the issue, click HERE.
For additional questions, contact The Vision Council’s Government Affairs Liaison, Jason McElvaney, at Jason@mcelvaneypublicaffairs.com.
