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health care News

Tax Breaks In Hong Kong's Voluntary Health Insurance

by Mary Swire,, Hong Kong

Thursday, January 12, 2017

The Hong Kong Government has released a report on its consultations regarding a proposed Voluntary Health Insurance Scheme, summarizing the consultation outcomes and proposing tax breaks. Read Full Story


US Chamber Urges Health Insurance Tax Repeal

by Mike Godfrey,, Washington

Thursday, January 5, 2017

With talk beginning in the new Congress of a repeal of President Barack Obama's Affordable Care Act, the US Chamber of Commerce has urged the immediate elimination of the health insurance tax as an immediate necessity. Read Full Story


IRS Defers Obamacare Reporting Deadlines

by Leroy Baker,, Washington

Wednesday, November 23, 2016

The US Internal Revenue Service has issued Notice 2016-70 extending the due dates for certain 2016 information reporting requirements under the Affordable Care Act. Read Full Story


GOP Attacks Obamacare Tax Credit Controls

by Scott Hamilton,, Washington

Monday, October 31, 2016

US House of Representatives Ways and Means Committee Chairman Kevin Brady and Senate Finance Committee Chairman Orrin Hatch have released a Majority Staff White Paper detailing a number of issues regarding the Affordable Care Act's income eligibility verification process and the premium tax credit. Read Full Story


Philippines Says Senior's VAT Exemption Being Abused

by Mary Swire,, Hong Kong

Friday, October 14, 2016

The Philippines Government has said that the World Bank has estimated that leakages from the value-added tax exemptions for seniors could reach close to PHP10bn (USD206m) this year. Read Full Story


World Health Organisation Backs Sugary Drinks Taxes

by Ulrika Lomas,, Brussels

Thursday, October 13, 2016

The World Health Organisation (WHO) has said that taxing sugary drinks can lead to lower consumption and help to reduce obesity, type-two diabetes, and tooth decay. Read Full Story


Health Tax Credits Missed By 2.5m US Taxpayers

by Mike Godfrey,, Washington

Thursday, October 6, 2016

The US Department of Health and Human Services has provided new analysis showing that some 2.5m US taxpayers currently buying their individual health insurance coverage outside the Health Insurance Marketplace may be eligible for the Affordable Care Act's premium tax credit. Read Full Story


US House Endorses Bill To Maintain Medical Expense Deduction

by Scott Hamilton,, Washington

Thursday, September 15, 2016

On September 13, the US House of Representatives passed a bill, by a vote of 261 to 147, to restore the lower 7.5 percent threshold of medical expenses-to-gross income for claiming an individual income tax deduction under the Affordable Care Act. Read Full Story


GAO Slams Further Obamacare Verification Lapses

by Scott Hamilton,, Washington

Tuesday, September 13, 2016

Undercover testing by the US Government Accountability Office has found that the health insurance marketplaces set up under the Affordable Care Act remain "vulnerable to fraud." Read Full Story


US Democratic Party Issues Election Manifesto

by Mike Godfrey,, Washington

Tuesday, July 26, 2016

The Democratic Party platform for the 2016 presidential election includes provisions to ensure that "the wealthiest Americans and largest corporations must pay their fair share of taxes." Read Full Story



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