Cadillac Tax Delayed Until 2020. In addition Section 103 of this Act requires the comptroller general of the United States in consultation with the National Association of Insurance Commissioners to report to the Senate and House Ways and Means Committees concerning possible changes to the manner in which the Cadillac tax will be indexed beginning in 2020. Title 1 Section 101 of this Act includes a two year delay of the excise tax on high cost employer-sponsored health coverage nicknamed the Cadillac Tax The tax was scheduled to take effect January 1 2018 but is now delayed until January 1 2020.
The Consolidated Appropriations Act 2016 PL. Cost to Now Be Permitted As a Deductible Expense Shortly before departing for his Christmas vacation in Hawaii President Obama signed a 18 trillion dollar Appropriations Bill that included a measure to delay the infamous ACA Cadillac Tax until 2020. 114 - 113 enacted Dec.
ACA Cadillac Tax Delayed Until 2020.
The legislation also provided for the deductibility of the Cadillac Tax which is an excise tax of 40 on the excess benefit of. 114 - 113 enacted Dec. On January 11 2016. The Consolidated Appropriations Act 2016 PL.
