Posts Tagged ‘tanning tax’

Your Summer Glow Is Now Taxable – Tanning Tax Will Help Fund Health Care Reform

Wednesday, June 23rd, 2010

Effective July 1st there will be a 10% excise tax on all indoor tanning services. Last week the IRS announced the new regulations outlining the administration of this new tax that has been in the works for several months. This new tax is part of the 2010 tax hikes aimed at funding the health care reform.
How the new tax affects you:
Whether you are a business providing indoor tanning services or
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Tanning Tax: Proposed 10% Tax on Tanning Salons Would Raise $2.7 Billion for Health Care Reform

Monday, December 21st, 2009

The latest from Washington is that patrons of tanning salons will be hit with a 10% tanning tax – raising an estimated $2.7 billion over 10 years to pay for health care reform. While this replaces the proposed 5% “BoTax” on plastic surgery providers, we know this won’t be the last we’ll hear from the IRS.
President Obama is optimistic about the passage of the Health Care Bill, which is set
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