Iowa Admin. Code r. 701-214.15
Current through Regsiter Vol. 46, No. 26, June 12, 2024
The sale of grain, livestock, or any other farm or garden product by the producer thereof ordinarily constitutes a sale for resale, processing, or human consumption, and is not subject to tax. Farmers selling tangible personal property not otherwise exempt to ultimate consumers or users shall hold a permit and collect and remit sales tax on the sales price from their sales.
This rule is intended to implement Iowa Code sections 423.3(2), 423.3(51), and 423.3(57).
Iowa Admin. Code r. 701-214.15