Guidance on Definition of “Covered Entity” for purposes of ACA Fee

Notice 2014-47 provides guidance on how the IRS will interpret the term “covered entity” for purposes of the Affordable Care Act fee under Section 9010 for 2014.

Document Excerpt

Specifically, this notice resolves confusion as to the scope of the exclusions in § 9010(c)(2) from the general definition of the term covered entity. Additionally, this notice clarifies that a controlled group does not have to report for a controlled group member who would not qualify as a covered entity in the 2014 fee year if it were a single-person covered entity.



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