Nebraska Dealer Protection Law Nebraska Resale or Exempt Sale Certificate Nebraska Sales Tax Exemption on Repair Parts – LB986 [Keywords: Nebraska Legislation, Dealer, Sales Tax]
[2013 | Keywords: Iowa Legislation, Local Option Sales Tax, Sales Tax] Q: What does delivery have to do with the taxability of a sale? Where tangible personal property is delivered determines whether or not a sale is taxable. If delivery occurs within a local option jurisdiction, the local option sales tax may be due. If delivery does not occur in a local option jurisdiction, local option tax is not due. Delivery usually occurs when the seller transfers physical possession of the property to the buyer. In most instances, this transfer takes place at the seller’s place of business. If the… Read More »
[ 2008; R-2013 | Keywords: Iowa Legislation, Sales Tax, Service] A question came up after the sales tax breakout session at the annual meeting regarding interstate commerce and sales tax on equipment serviced at an Iowa dealership. The particular question was, do we charge Iowa sales tax if an Iowa dealer picks up equipment from a Missouri farmer, services it at the dealership and delivers it back to Missouri? Answer: Since the customer takes possession of the serviced equipment in Missouri, Missouri sales tax rules apply. Streamlined Sales Tax Project Sourcing Issues Papers states… With services, receipt is defined as… Read More »
[Author: Will Rogers, 01.17 | Keywords: Dealer Advocacy, Governmental Affairs, Sales Tax] One topic dealers consistently ask me about is Iowa sales tax exemptions related to agricultural production. While many of you are familiar with how this law works, a quick review may prove useful when dealing with a customer who wants to purchase a piece of equipment and claim an exemption from state sales tax. As Iowa sales tax laws provide, exempt status is granted for the sale of equipment that is primarily and directly used in agricultural production. In order to understand how this exemption works, we first… Read More »
[Author: Tom Junge, Iowa Field Director, 2016 | Keywords: Iowa Legislation, Sales Tax, Warranty] With the influx of extended warranty sales by dealers (John Deere PowerGard, Case Protection Plan, New Holland Purchased Protection Plans and AGCO Protection) and the number of calls I have received from dealers since this topic was mentioned in the November Retailer, I felt it would be good to revisit this topic. Hopefully, the table below will cover this topic in a simple, easy-to-read format. Iowa Sales Tax Table Dealer to Customer Dealer to Manufacturer Sale of Base/Mandatory Warranty The cost of the base warranty is part of… Read More »