6th Circuit: ACA Shared Responsibility Payment Is A Tax For Bankruptcy Purposes

(August 3, 2023, 12:22 PM EDT) -- CINCINNATI — The Patient Protection and Affordable Care Act (ACA) shared responsibility payment acts as a tax and permits priority debtor status for the Internal Revenue Service under federal bankruptcy law, a Sixth Circuit U.S. Court of Appeals panel said in affirming a bankruptcy appellate panel’s ruling....