Iowa Code § 423D.3
Exemptions
Redline — January 1, 2016 → current.View current text →
Current — January 1, 2021
As of January 1, 2016
There is exempted from tax imposed by this chapter the following:
The sales price on the lease or rental of equipment to contractors for direct and primary use in construction is exempt from the tax imposed by this chapter.
1. The sales price on the lease or rental of equipment to contractors for direct and primary use in construction.
;
;
2014 amendment takes effect April 10, 2014, and applies retroactively to July 1, 2008, for all sales or uses of equipment on or after that date;
2. The sales price or purchase price of equipment exempt from the equipment tax as provided in section 29C.24.
Official source: Iowa Legislature. Reproduced from public-domain Iowa statutes; confirm against the official source for the current text. Not legal advice.