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Sales, Use & Excise Tax

On May 30, 2018, Iowa Governor Kim Reynolds signed Senate File 2417 (SF 2417), an extensive state tax reform bill to improve the tax structure in Iowa. This law modernizes and expands the types of businesses required to collect Iowa sales tax and local option sales tax. Specifically, marketplace facilitators and remote sellers that exceed a certain amount of revenue or transactions must charge Iowa sales tax and applicable local option sales tax the same as retailers with a physical presence in Iowa.

Effective July 1, 2019, marketplace facilitators and remote sellers that exceed a certain sales revenue level must charge sales tax, including local option sales tax, the same as retailers with a physical presence in Iowa.

What is a retailer with a physical presence in Iowa?

Generally, a retailer with a physical presence in Iowa is any retailer that has any permanent or temporary place of business, employee or other representative, or property located in Iowa. A retailer with a physical presence in Iowa generally includes retailers required to collect Iowa sales tax prior to Iowa’s tax reform law and the United States Supreme Court’s decision in Wayfair v. South Dakota. Common examples are retailers that have a store in Iowa, send sales representatives to Iowa, or set up a temporary booth to sell items at fairs or trade shows in Iowa.