U.S. Treasury relaxes 2015 Obamacare penalty rules for businesses
WASHINGTON (Reuters) - The Obama administration on Monday relaxed final rules for businesses that must comply with the Affordable Care Act in 2015, sparing businesses with 99 employers or fewer the tax penalty until 2016.
In final regulations to be published on Monday by the Treasury Department, businesses with between 50 and 99 employees will not face a penalty until 2016 for not providing healthcare.
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