Congress Delays ACA “Cadillac Tax” Until 2020

OMA Connections Partner, Bricker & Eckler LLP, reported that on December 18, 2015, when Congress passed the Consolidated Appropriations Act of 2016, it included a two-year delay of the Affordable Care Act’s (ACA) 40% excise tax on high-cost employer-sponsored health plans (the so-called “Cadillac Tax”).

When originally enacted, the Cadillac Tax was to be implemented in 2018, however, its effect has now been delayed until 2020.

Per Bricker:  “In addition, the Appropriations Act also impacts the tax treatment of any liability incurred under the Cadillac Tax. While originally classified as a non-deductible tax, the Appropriations Act provides that liability for the Cadillac Tax can now qualify as a deductible expense. Although the Cadillac Tax has not been repealed, employers that have been planning for its eventual implementation now have additional time to prepare.”

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