On May 30, Iowa Governor Kim Reynolds signed Senate File 2417, an extensive state tax reform bill to improve the tax structure in Iowa. This law modernizes and expands the types of businesses required to collect Iowa sales tax and local option sales tax.
-
Remote Sellers - Effective January 1, 2019, remote sellers that exceed a certain amount of revenue or transactions must charge Iowa sales tax, including local option sales tax, the same as retailers with a physical presence in Iowa.
-
Marketplace Facilitators - Effective January 1, 2019, marketplace facilitators must begin collecting Iowa sales tax and applicable local option sales tax if the marketplace facilitator exceeded a certain mount of revenue or transactions in calendar year 2018.
The Department has created a tax reform page on its website to provide taxpayers with guidance on tax reform topics and additional guidance will be added as it becomes available. Visit our tax reform page for the full list of reform guidance.
To receive notifications of resources and guidance issued by the Department, subscribe to updates by selecting the tax topics of interest.
The statutory mission of the Iowa Department of Revenue is to serve
Iowans and support state government by collecting all taxes required by
law, but no more.
|