5:23 PM
 | 
Oct 08, 2009
 |  BC Extra  |  Politics & Policy

Industry healthcare fees not deductible

The Senate Finance Committee has revised the America's Healthy Future Act to clarify that drug and device companies cannot deduct proposed industry-wide fees from corporate income tax. For drug manufacturers and importers, the Joint Committee on Taxation (JCT) estimates the revision will cost $5 billion over 10 years,...

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