At the other end of the market, some of the more humble offerings, such as the cheap-and-cheerful Suzuki Alto, can still cost plenty for a new key. The Alto was one of the least expensive keys to replace yet was still far from cheap, with quoted prices of $250 and $278 including cutting and coding.t the other end of the market, some of the more humble offerings, such as the cheap-and-cheerful Suzuki Alto, can still cost plenty for a new key. The Alto was one of the least expensive keys to replace yet was still far from cheap, with quoted prices of $250 and $278 including cutting and coding.
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.
For the moment, and until IRS and the Treasury Department issue further guidance, âno tax will be imposed upon the sale of a domestically produced convenience kit. The medical device tax will still apply, however, upon the sale of a taxable medical device that goes into a domestically produced convenience kit.â. Exclusions to the Tax. Statutory exemptions. There are specific statutory exemptions from the medical device excise tax for eyeglasses, contact lenses, and hearing aids.