Tag: ad tax deduction

ad tax deduction

Washington Focus

Marketing Tax, Pricing Limits, Other Measures May Pass as Add-ons to Omnibus Bills

Marketing Tax, Pricing Limits, Other Measures May Pass as Add-ons to Omnibus Bills

Jan. 5, 2021 – The just-enacted COVID-19 relief bill may be a harbinger of what is to come in 2021 for drug pricing and marketing tax proposals, according to Coalition for Healthcare Communication Executive Director Jon Bigelow. In a memo to Coalition members and industry leaders, Bigelow noted that it had been fairly clear weeks […]

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Washington Focus

Biden Plans Include Key Healthcare Appointments, ACA and, Maybe, Drug Pricing

Biden Plans Include Key Healthcare Appointments, ACA and, Maybe, Drug Pricing

Dec. 7, 2020 – President-elect Joe Biden announced on Dec. 7 his plans for filling key public health positions, including nominations for California Attorney General Xavier Becerra to be the next secretary of Health and Human Services and Dr. Rochelle Walensky, currently an infectious disease specialist at Massachusetts General Hospital, to become director of the […]

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Legislative

Threat to Ad Tax Deduction Is “Immediate,” Davidson Tells Coalition Rising Leaders

Threat to Ad Tax Deduction Is “Immediate,” Davidson Tells Coalition Rising Leaders

June 11, 2019 – Although pharmaceutical advertisers have been able to stop legislation to eliminate or reduce the deductibility of drug advertising as a business expense in the past, the times, politics and a pressing need for revenue have changed the equation, according to Jim Davidson, chair of The Advertising Coalition. “It is very much […]

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CHC News

FDA After Gottlieb: Nancy Myers Added to Rising Leaders Conference on Healthcare Policy

FDA After Gottlieb: Nancy Myers Added to Rising Leaders Conference on Healthcare Policy

April 23, 2019 — Will new FDA leadership drive to continue Dr. Gottlieb’s initiatives? Will they have the clout within the FDA, HHS, and Congress to do so? How will this affect health marketing and communications? Nancy Bradish Myers, president of Catalyst Healthcare Consulting and former president of the Alliance for a Stronger FDA, will […]

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DTC Advertising

Movement Afoot on Eliminating Ad Tax Deduction, Requiring List Prices in DTC Drug Ads

Movement Afoot on Eliminating Ad Tax Deduction, Requiring List Prices in DTC Drug Ads

March 25, 2019 – Several moves that could change the way prescription drug marketing and communications are conducted are being made in Washington, with the House Ways and Means Committee about to begin markup on a tax measure that could include eliminating the deductibility of drug marketing costs, and the Office of Management and Budget […]

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Legislative

New Bill Announced to End Marketing Tax Deduction

New Bill Announced to End Marketing Tax Deduction

Jan. 16, 2019 – Sens. Jeanne Shaheen (D-N.H.) and Elizabeth Warren (D-Mass.) have co-authored a bill that would “deny the deduction for advertising and promotional expenses for prescription drugs.” The bill, announced Jan. 11, is titled the “End Taxpayer Subsidies for Drug Ads Act.” “This bill raises significant First Amendment questions,” pointed out Jon Bigelow, […]

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Legislative

Azar Says FDA Has Authority to Require List Prices in Drug Ads

Azar Says FDA Has Authority to Require List Prices in Drug Ads

June 13, 2018 – At a Senate Committee on Health, Education, Labor & Pensions hearing on drug pricing held yesterday, Department of Health and Human Services (HHS) Secretary Alex Azar told the committee that it is his belief that “we have the authority to require list price disclosure in TV ads,” as proposed in the […]

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CHC News

4As’ O’Brien: Is Trump Good for the Advertising Business?

4As’ O’Brien: Is Trump Good for the Advertising Business?

June 4, 2018 – The answer to the question of whether or not the presidency of Donald Trump has been good for the advertising business appears to mostly be a “yes,” according to 4As Executive Vice President of Government Relations Dick O’Brien, who spoke in Washington, D.C., at a recent session of the Coalition for […]

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DTC Advertising

McCaskill Proposal to End Tax Deduction for DTC Marketing Re-emerges

McCaskill Proposal to End Tax Deduction for DTC Marketing Re-emerges

March 1, 2018 – After filing an amendment to the tax bill last year to eliminate the tax deduction for drug marketing expenses — which did not move forward — Sen. Claire McCaskill (D-Mo.) today announced a bill that would amend the tax code to “deny the deduction for advertising and promotional expenses for prescription […]

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DTC Advertising

HELP Committee Hears Testimony on Banning DTC Ads

HELP Committee Hears Testimony on Banning DTC Ads

Dec. 14, 2017 – At a drug pricing hearing held this week by the Senate Health, Education, Labor and Pensions Committee, a representative of the National Academies of Sciences told the panel that the cost of drug advertising must be factored into the price of a drug product, and that Congress should act to end […]

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