Guidance regarding an excise tax on sales of βelectric fuel,β or electricity dispensed into an electric vehicle (EV) for purposes of propelling the EV.
Water Service Excise Tax (WET), effective July 1, 2018, exempts the sale of water service from state sales tax, but imposes a 6% excise tax on the sale of water
Beginning 1/1/19, the sale of storage services for tangible or electronic files, documents, and other records are subject to Iowa sales tax and applicable LOST.
Elimination of exemption for computers used in processing/storage of data or information by an insurance company, financial institution, commercial enterprise.
