Skip to Content

IRS issues Notice 2015-52 on Cadillac tax implementation

August 31, 2015 Article 1 min read
Authors:
Jonathon Trionfi
For taxable years beginning in 2018, the Affordable Care Act (ACA) imposes a 40 percent excise tax on high-costgroup health coverage.

For taxable years beginning in 2018, the Affordable Care Act (ACA) imposes a 40 percent excise tax on high-costgroup health coverage. This tax, also known as the “Cadillac tax,” is intended to encourage companies tochoose lower-cost health plans for their employees.

On July 30, 2015, the Internal Revenue Service (IRS) issuedNotice 2015-52to continue the process ofdeveloping guidance to implement the Cadillac tax.This notice supplementsNotice 2015-16, issued on Feb. 23,2015.

Read the full bulletin >> 

Related Thinking

Construction workers on frame of house.
September 20, 2023

Is an ESOP a viable exit strategy for your construction company?

Article 7 min read
Employers discuss Section 409A deferred compensation plans and penalties.
August 14, 2023

Proposed change would require employers to withhold 409A penalties on failed NQDC plans

Article 2 min read
AICPA & CIMA conference attendees discuss 2023 trends in employee benefits.
June 16, 2023

Key takeaways: 2023 AICPA & CIMA Employee Benefit Plans Conference

Article 1 min read