Healthcare Industry Overview - Sales Tax Institute
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Healthcare Industry Overview Copyright © Sales Tax Institute 1997-2018
Transcript of Healthcare Industry Overview - Sales Tax Institute
Healthcare Industry Overview
Copyright © Sales Tax Institute 1997-2018
Healthcare
• Many states provide exemptions for healthcare entities and supplies
• Normally, prescription drugs exempt• Taxation of drug samples
Copyright © Sales Tax Institute 1997-20182
Healthcare - Exemptions
• Orthopedic appliances• Prosthetic devices• Needles, syringes, catheters• Diagnostic supplies• Surgical equipment and tools
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Other Healthcare Issues
• Items reimbursed by Medicare• Commonly taxable items may be exempt if
medicated• Items prescribed by physician may be
exempt• Drug samples given to physicians may be
taxable
Copyright © Sales Tax Institute 1997-20184
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