And now came more bustle than ever; a great running hither and thither, a rapping of hammers and a babble of voices sounded everywhere through the place, for the folk were building great arches across the streets, beneath which the King was to pass, and were draping these arches with silken banners and streamers of many colors.
The medical device excise tax applies to manufacturers and importers and generally does not apply to individual consumers. Sales of taxable medical devices for further manufacture or export may be made tax free if certain registration and other requirements are met.
The tax, which took effect in 2013, is equal to 2.3 percent of the sale price of a medical device and is expected to raise $29 billion over 10 years. It applies to products like X-ray machines, magnetic resonance imaging scanners, pacemakers, artificial hearts and artificial hip and knee joints.