Iowa Admin. Code r. 701—212.10(423) — Tangible personal property purchased from the United States government

Tangible personal property purchased from the United States government or any of the federal governmental agencies shall be exempt from sales tax, but such purchases shall be taxable to the purchaser under the provisions of the use tax law. Persons making purchases from the United States government, unless exempt from the provisions of Iowa Code section 423.5(1)“c” shall report and pay use tax at the current rate on the purchase price of such purchases.