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IRS Lends Device Makers Leeway On Industry-Loathed Tax

By Rachel Slajda (December 18, 2012, 7:16 PM EST) -- Attorneys for medical device companies have breathed a sigh of relief over the Internal Revenue Service's final excise tax rule, in which the agency delayed penalties for incorrect payments for much of the year and promised flexibility on rules for price calculations, even as the industry lobbies to repeal the $29 billion tax completely....

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