Regular Member Jjarden Posted December 1, 2009 Regular Member Share Posted December 1, 2009 Hi All, Have you all heard of the new 5% "Cosmetic Tax" that will be in place January 1st, 2010? Hair Transplants fall under "Cosmetic Procedures" What if we pay a Doctor this month (December) and have the procedure in January or February? Is this a way to get out of paying the Tax? Will Hair Surgeons lose business? What do think about the whole thing? Link to comment Share on other sites More sharing options...
Senior Member Drew35 Posted December 2, 2009 Senior Member Share Posted December 2, 2009 That is a PROPOSED tax that Democrats have inserted into the Health Care Bill. NOTHING has been officially passed. Senate Bill Would Tax Cosmetic Surgery By Janet Adamy Say hello to the nose job tax. To raise money for the health overhaul, Democrats are proposing a new 5% tax on elective cosmetic procedures. The tax was a surprise addition to the sweeping 2,074-page bill that Senate Majority Leader Harry Reid unveiled late Wednesday. It generates $5 billion over a decade for the plan, which is expected to cost $849 billion over a decade. The tax would fall on the individuals who undergo the procedures. If they don't pay it when they're billed for their surgery, then it falls to the provider who performed the procedure. Not all cosmetic surgeries would get taxed. According to the bill, the tax would only apply if the surgery 'is not necessary to ameliorate a deformity arising from, or directly related to, a congenital abnormality, a personal injury resulting from an accident or trauma, or disfiguring disease.' It would take effect Jan. 1. So what do plastic surgeons think of this? We called the American Society of Plastic Surgeons three times Wednesday night. The line was busy each time. http://blogs.wsj.com/washwire/...ax-cosmetic-surgery/ - 1st Transplant: 5,485 grafts with Dr Jerry Wong 2nd Transplant: 3,100 grafts with Dr Jerry Wong 3rd Transplant: 5,035 grafts with Dr Sanusi Umar My Hair Loss Website - Hair Transplant with Dr. Wong Link to comment Share on other sites More sharing options...
Bill - Seemiller Posted December 2, 2009 Share Posted December 2, 2009 I actually originally heard 10% however, like Drew said, I don't believe anything was passed. See Congress Proposes 10% Tax on All Cosmetic Procedures. Best wishes, Bill Link to comment Share on other sites More sharing options...
Regular Member Jjarden Posted December 2, 2009 Author Regular Member Share Posted December 2, 2009 Thanks Guys, I thought it was a done deal, but I guess not. I'm hoping to get my transplant in January or February. Thank You Link to comment Share on other sites More sharing options...
Senior Member aaron1234 Posted December 2, 2009 Senior Member Share Posted December 2, 2009 10%?!? Sheesh. And make no mistake, that's coming out of the consumer's pocket. So a 10K procedure now will end up being 11K if this thing passes. Dr. G: 1,000 grafts (FUT) 2008 Dr. Paul Shapiro: 2,348 grafts (FUT) 2009 ~ 1,999 grafts (FUT) 2011 ~ 300 grafts (Scar Reduction) 2013 Dr. Konior: 771 grafts (FUT) 2015 ~ 558 grafts (FUT) 2017 ~ 1,124 grafts (FUE) 2020 My Hair Transplant Journey with Shapiro Medical Group Link to comment Share on other sites More sharing options...
Senior Member the B spot Posted December 2, 2009 Senior Member Share Posted December 2, 2009 I think one could argue that hairloss is not actually "cosmetic"....rather, a repair of a defect....like a person who is born without a finder or a cleft palate....we are born with a genetic predisposition to baldness. Interesting. Go Cubs! 6721 transplanted grafts 13,906 hairs Performed by Dr. Ron Shapiro Dr. Ron Shapiro and Dr. Paul Shapiro are members of the Coalition of Independent Hair Restoration Physicians. Link to comment Share on other sites More sharing options...
Senior Member Balboa Posted December 2, 2009 Senior Member Share Posted December 2, 2009 im guessing this is just a USA/Canada thing, if this does happen its gonna put some guys off going to the US/CANADA and maybe sticking to europe and as far as TAX etc. goes if your paying cash im sure youl get away with not having to pay it. Dr A. Armani 2500 Fue Dec 2008 Proscar X1 Day Monixodil X2 Day Msm Daily Link to comment Share on other sites More sharing options...
Senior Member TheEmperor Posted December 2, 2009 Senior Member Share Posted December 2, 2009 Can the USA tax money spent in Canada? My Hair Loss Web Site - Hair Transplant with Dr. Wong Link to comment Share on other sites More sharing options...
Senior Member Forrest Gump Posted December 3, 2009 Senior Member Share Posted December 3, 2009 Originally posted by TheEmperor:Can the USA tax money spent in Canada? In Canada, they already have a 5% tax on HT surgeries. To the best of my knowledge, the Canadian HT doctors charge a 5% GST (or maybe more, depending on the province) on all HT procedures. Someone from Canada correct me if I am wrong. Link to comment Share on other sites More sharing options...
Senior Member rpachigo Posted December 3, 2009 Senior Member Share Posted December 3, 2009 The dreaded Botax. Hopefully the whole enchilada ends up in a ball of flame. My Hair Loss Website - Hair Transplant with Dr. Arocha Link to comment Share on other sites More sharing options...
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