Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

Defined Benefit Combo Cash Balance Compliance Consultant

Loren D. Stark Company (LDSCO)
(Remote)

Loren D.  Stark Company (LDSCO) logo

Loan & Distribution Specialist

AimPoint Pension
(Remote)

AimPoint Pension logo

Retirement Plan Administrator

Bates & Company, Inc.
(Remote / Winter Park FL)

Bates & Company, Inc. logo

Business Development Director

AimPoint Pension
(Remote / Pompano Beach FL / AL / GA)

AimPoint Pension logo

Regional Vice President of Sales

The Retirement Plan Company
(Remote / AL / FL / GA / MS)

The Retirement Plan Company logo

Director of 3(16) Operations

Compass
(Remote / NH / Hybrid)

Compass logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile app icon
LinkedIn icon     Twitter icon     Facebook icon

Cadillac Tax Delayed Until 2020, Payments Become Deductible
Ice Miller LLP Link to more items from this source
Dec. 23, 2015

"[H]ealth insurers and third party administrators are often required to pay the tax, and it is expected that these third parties will generally demand reimbursement from employers. Reimbursements for the non-deductible Cadillac tax would have constituted taxable income to the health insurers. Insurers had already indicated that they expected employers to reimburse them for these additional taxes on the Cadillac tax reimbursements, ultimately costing employers 50 to 60 percent, rather than 40 percent, of the value of excess benefits provided. Now that the Cadillac tax is deductible, the tax's burden on employers should actually approximate the size of the tax."

Please click here to report this link if it is broken (for example, if you see a "404 File Not Found" error message after you click on the linked news item's title).
An important word about authorship: BenefitsLink® created this link to the news item, but we are not the news item's author (unless expressly shown above).
© 2024 BenefitsLink.com, Inc.