By Jay Heflin - 03/31/10 02:49 PM EDT
The charge is expected to reduce Boeing's share price by 20 cents in the first quarter of 2010.
The airplane manufacturer is the latest in a growing list of companies that have announced they will pay higher taxes because of the healthcare law.
AT&T announced a $1 billion tax charge. Caterpillar and John Deere announced tax charges of $100 million and $150 million, respectively. 3M claimed health reform would increase taxes by roughly $87 million.
Credit Suisse analyst David Zion estimates that S&P 500 companies will pay $4.5 billion in increased taxes because of health reform, news organizations have reported.
House Energy and Commerce Committee Chairman Henry Waxman (D-Calif.) has asked many of these companies to testify before his committee and explain their tax increases.
The Congressional Budget Office estimated that these companies would see a roughly 3 percent reduction in health care costs because of reform. The estimate appears to pertain to premium costs, not tax liability.