Iowa Administrative Code Title 701 — Department of Revenue

Iowa Admin. Code r. 701—250.6(321) — Federal excise tax

To be excluded from the fee for new registration, the federal excise tax must meet both of the following requirements: 250.6(1) It must be imposed upon the purchaser and be due at the time of the retail sale. 250.6(2) It must be billed or charged as a separate item.

Last amended: This rule is intended to implement Iowa Code section 321.105A. [ARC 9034C, IAB 3/19/25, effective 4/23/25] Revenue[701]Ch 250, p.4 IAC 3/19/25

Source: official text