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Iowa Legislative Session Concludes

Iowa Legislative Session Concludes

[Author: Dave Adelman, Iowa Legislative Director, 05.2016 | Keywords: Transportation, Infrastructure, All-Terrain, Implements of Husbandry, Autocycle, Tax Coupling, Water Quality] Traditionally with election year sessions, legislators tend to be risk-averse. However, the 2016 session of the Iowa General Assembly had a number of issues affecting Iowans and Iowa small businesses. Most notably discussed were education-funding, tax coupling with federal code, and an effort to improve water quality. Moreover, the Revenue Estimating Committee reported to the Legislature in March that they had to cut $46 million out of their overall budget number projected last December. This realization was bad news for any… Read More »

Freight and Transportation Charges

[2012; R-2013 | Keywords: Iowa Legislation, Sales Tax, Transportation] ICA Ch 15, p.1 701—15.13(422,423) Freight, other transportation charges, and exclusions from the exemption applicable to these services. The determination of whether freight and other transportation charges shall be subject to sales or use tax is dependent upon the terms of the sale agreement. When tangible personal property or a taxable service is sold at retail in Iowa or purchased for use in Iowa and under the terms of the sale agreement the seller is to deliver the property to the buyer or the purchaser is responsible for delivery and such… Read More »