Medical device tax: Medtech seeks state-level relief from federal levy

Medical device tax: Medtech seeks state-level relief from federal levy (MedDevice)
Medical device makers are pulling for some state-level relief to help off-set the burden of the 2.3% federal medtech tax.
The so-called "State Medical Technology Competitiveness Agenda" (PDF) includes, among other things, deductions for companies facing a net operating loss; research & development tax credits; state-run venture capital funding; small-business grant-matching programs; state-level tax credits to help curb the impact of the federal levy; work force training grants; and predictable and consisten...