Tag: marketing tax deduction

marketing tax deduction

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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Washington Focus

The Marketing Implications of Tax Reform

The Marketing Implications of Tax Reform

By John Kamp, Coalition for Healthcare Communication Executive Director May 11, 2017 – Although no one seems to like the new Trump/Ryan healthcare bill, House staffers now (finally) are preparing for the next big Republican effort – overhauling the tax system for both individuals and corporations. Like healthcare, everyone seems to agree that an overhaul […]

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CHC News

Industry Peacekeeping with President Trump Holds Promise But Portends Danger

Industry Peacekeeping with President Trump Holds Promise But Portends Danger

By John Kamp, Executive Director, Coalition for Healthcare Communication [Editor’s Note: This “The Final Word” column appeared in the February 2017 edition of MedAdNews and is reprinted with permission.] As a public official preparing for international negotiations, I was taught by the U.S. State Department to always know exactly what you want and what you’re […]

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CHC News

Kamp: Coalition Will Continue to Fight for Free Flow of Information

Kamp: Coalition Will Continue to Fight for Free Flow of Information

Nov. 28, 2016 – Although President-elect Donald Trump was not who the Coalition for Healthcare Communication was preparing for in 2017, the organization will stay true to its mission of promoting and protecting the free flow of healthcare information under the Trump administration, according to Coalition Executive Director John Kamp, who spoke at the recent […]

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Washington Focus

Kamp: Moving forward after the election

Kamp: Moving forward after the election

Nov. 11, 2016 – Post-election report from Coalition for Healthcare Communication Executive Director John Kamp: The pollsters and pundits sure got it wrong. As they look back to correct their errors, the new reality of a Trump Administration and a Republican-controlled House and Senate provides some clues to the future of our industry. As our […]

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Advertising Tax Deduction “at Risk,” Davidson Says

Dec. 12, 2012 – An ongoing push to eliminate the tax deduction for prescription drug advertising may actually move forward for a number of reasons, according to Jim Davidson, Executive Director, The Advertising Coalition, who spoke at a recent Medivo BTP “Leadership Series” meeting held at The New York Times. “Jim Davidson”s update on Capitol Hill’s approach […]

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Elimination of Marketing Expense Tax Deduction Still Possible, Senator Says

  By John Kamp, Executive Director, Coalition for Healthcare Communication May 18, 2012 — Sen. Claire McCaskill (D-Mo.) told a group of senior advertising executives this morning at the AAAA”s New York offices that elimination of the deduction for marketing expenses remains possible, especially during the “lame duck” session of Congress following the November election. […]

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