Health & Welfare Plans Newsletter

BULLETIN
Supplement to
July 30, 2015

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[Official Guidance]

Text of IRS Notice 2015-52: Section 4980I -- Excise Tax on High Cost Employer-Sponsored Health Coverage (PDF)
17 pages. "This notice is intended to supplement IRS Notice 2015-16 by addressing additional issues under Section 4980I, including the identification of the taxpayers who may be liable for the excise tax, employer aggregation, the allocation of the tax among the applicable taxpayers, and the payment of the applicable tax. This notice also addresses further issues regarding the cost of applicable coverage that were not addressed in Notice 2015-16. Treasury and IRS invite comments on these issues and any other issues under Section 4980I." (Internal Revenue Service [IRS])  

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