The IRS released its Final Rule on the Medical Device Excise Tax (MDT) on December 5, 2012. Devices that are not required to be listed as a device with the FDA do not meet the IRS definition of a taxable medical device and consequently will not be subject to the Medical Device Excise Tax. This is good news for most domestic dental laboratories as most domestic dental laboratories are manufacturing dental devices that are not required to be listed with the FDA. This manual attempts to provide you with a clear understanding of the following topic areas:

· An Overview of the Medical Device Excise Tax;
· Defining a Taxable Medical Device;
· Key Factors for Manufacturer & Importer Determination;
· Sale & Sale Price - What's In and What's Out;
· Computation of the Tax due to IRS;
· Tax Free Sales - Export & Further Manufacture;
· The final IRS Rule and IRS Notice 2012-77 - Interim Rules.

This is a digital downloadable file. Your file will be available for download after you checkout. This item is NON-REFUNDABLE.

DIRECTIONS FOR DOWNLOAD

After your purchase, you will receive two emails from NADL. The second email titled, "Payment Confirmation" will include a link at the bottom of the email. Click on the link in the email to log in to your account. Once logged into your account, click on "Downloads".

NADL Members - This document is FREE for NADL Members!! Login to the NADL Member Home and go to the NADL Member Library to obtain a free copy of the NADL Medical Device Excise Tax Member Guidebook.

CDTs/RGs - Be sure to enter your promotional coupon code at check out to get your 5% CDT/RG discount. Not sure of the CDT/RG promotional coupon code? Contact nadl@nadl.org or log into your MyNBC page.