CEO: Medtronic to incur $150M to $200M in taxes under health reform

04/8/2010 | Reuters

Medtronic CEO Bill Hawkins said the company expects to pay an annual tax of $150 million to $200 million starting in 2013 as part of the implementation of the health care reform law. In an interview with CNBC, Hawkins said the tax cost could affect Medtronic's funding for research and development, but the company would try to implement measures to save costs.

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