Iowa Admin. Code r. 701-284.23
Current through Regsiter Vol. 46, No. 26, June 12, 2024
On and after July 1, 1990, gross receipts from the sale of tangible personal property or from the furnishing of electrical energy, natural or artificial gas, or communication service to another state or political subdivision of another state are exempt from tax if that other state provides a similar reciprocal exemption for Iowa and its political subdivisions. The states known to provide a similar reciprocal exemption to Iowa and its subdivisions (as of October 1, 1998) are Illinois, Kentucky, North Dakota, South Dakota, and the District of Columbia.
This rule is intended to implement Iowa Code section 422.45.
Iowa Admin. Code r. 701-284.23