Iowa Admin. Code r. 701—252.8(423G) — Filing returns; payment of tax

252.8(1) Application of 701—Chapter 202. The requirements of 701—Chapter 202 apply to water utilities in the same manner that those requirements apply to all sellers and retailers making sales subject to state sales tax. Revenue 252.8(2) Frequency of return filing and payment of tax based on combined water service excise tax and sales and use tax. With respect to the tax thresholds used for determining whether a retailer must file a return and remit sales and use tax monthly or annually as described in rule 701—202.1(423), the threshold for determining how frequently a water utility must file a return and remit the water service excise tax is based on the sum of the total amount of sales and use tax collected and the total amount of water service excise tax collected.