HR Insights


Cadillac Tax Delayed to 2020

Posted by Wendy White on January 12, 2016

the-cadillac-ranch.jpgThe much ballyhooed Cadillac Tax has been delayed until 2020. The Cadillac Tax is a planned 40% tax on ultra-luxurious employer benefits. 

There is plenty of opposition from a number of sources, so the plan could be further delayed or shelved entirely.

At present, the Cadillac Tax has been fundamentally weakened, allowing for employers who hit the threshhold for penalty to write off the cost as a business expense.

Further, critics of the Tax have found success arguing that the penalty would be hurtful to people nearing retirement and for women.

Read full article at McDermott, Will, & Emery.

Photo credit: tobym via Foter / CC BY-NC-ND
Wendy White

About The Author

Wendy White

As the Director of Client and Clinical Services at CareATC, Wendy manages the implementation and ongoing success of our clients' clinic programs. She is also a resident expert on all things CareATC, having been with the company for over 10 years.

Post Topics Benefits & Compensation