Iowa Administrative Code Title 701 — Department of Revenue

Iowa Admin. Code r. 701—251.3(423C) — Lessor’s obligation to collect tax

The lessor shall collect automobile rental excise tax from the user or from any other person paying the rental price for an automobile. The lessor shall collect the tax by adding the tax to the rental price of the automobile. When collected, the tax shall be stated on any billing or invoice as a distinct item separate and apart from the rental price of the automobile and separate and apart from any state or local option sales or service tax or any state use tax.

Last amended: [ARC 9035C, IAB 3/19/25, effective 4/23/25] These rules are intended to implement Iowa Code chapter 423C. [Filed 7/17/92, Notice 6/10/92—published 8/5/92, effective 9/9/92] [Filed ARC 2696C (Notice ARC 2574C, IAB 6/8/16), IAB 8/31/16, effective 10/5/16] [Filed ARC 6508C (Notice ARC 6400C, IAB 7/13/22), IAB 9/7/22, effective 10/12/22] [Editorial change: IAC Supplement 10/18/23] [Filed ARC 9035C (Notice ARC 8728C, IAB 1/22/25), IAB 3/19/25, effective 4/23/25] Revenue

Source: official text