New Health Care Taxes
ACA has written to the US Department of the Treasury (October 2013) about allowing application of foreign tax credits to offset the supplement 3.8% capital gains tax to fund the Affordable Care Act and addressing the double taxation resulting from the 0.9% Medicare Tax also funding the Affordable Care Act. "Tax Notes," the important tax journal for Washington legislators, has also published the ACA letter in their recent issue. This is a key publication for legislators and those working on issues of taxation, tax reform and regulation.
Having ACA positions posted in this publication raises awareness of our issues in Washington. See our letter here.