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Most Companies Still Mum On Device Tax Coping Strategies

While some companies have started to reveal strategies to either soften the blow or to capitalize on the impending device excise tax, many have revealed little to no detail on their planned response.

Many companies remain quiet on how they will adjust to the device excise tax scheduled to go into effect Jan. 1. But some firms have started to reveal strategies to either soften its blow or to capitalize on its implications.

In November, for instance, Stryker Corp. announced global workforce reductions of roughly 5% and other restructuring activities, partly in an effort to realign resources in advance of the 2.3%...

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