Iowa Admin. Code r. 701—272.2(418) — Definitions

For purposes of this chapter, terms mean the same as defined in Iowa Code chapter 418. Additionally, the following definitions apply: “Corresponding quarter” means the quarter in the base year and the quarter in the year in which the increment is measured that end in the same month. For example, if the base year is fiscal year 2013 and the year in which the increment is first measured is 2014, then the quarter ending in September 2012 of the base year would correspond to the quarter ending in September 2014 of the calendar year. “Department” means the Iowa department of revenue.