After five years of almost constant lobbying efforts and numerous attempts by the U.S. House to push through a repeal of the medical device tax, legislation passed in December suspends the tax for the next two years. President Barack Obama signed a $1.8 billion taxation and spending bill Dec. 18, the Consolidated Appropriations Act of 2016, ending the threat of a looming government shutdown. The bill also contained a variety of tax credits, including the two-year moratorium on the device tax.
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