Although medical device taxes will need to be paid quarterly, the first deposits are due soon after the tax takes effect next January, KPMG tax experts say.
Device makers and importers will have to make the first deposits on new device excise taxes by Jan. 29, 2013, despite the fact that it is technically a quarterly tax, warned two KPMG excise tax consultants during a March 5 webcast. The first quarterly tax returns will be due April 30.
“So it’s really important to have all your systems up and running as of Jan. 1, 2013,” said Deborah Karet...
Preparations for the reauthorization of the Medical Device User Fee Amendments for 2028-2032 are underway, with the US FDA announcing a public meeting for 4 August. After negotiations with industry and other stakeholders, a draft agreement is due to Congress by 15 January 2025.
Robert Foster, HHS deputy general counsel and chief counsel for food, research and drugs, is temporarily heading the Office of Chief Counsel, but a permanent appointee is expected after Michael Stuart's confirmation as HHS general counsel.
The US FDA recently published a draft guidance document for manufacturers of mesh products that are used during several types of hernia repair procedures.
