Iowa § 423D.2 - 423D.2 Tax imposed.
Full text of Iowa Iowa Code § 423D.2 — 423D.2 Tax imposed., with citation guidance and answers to common questions.
§ 423D.2. 423D.2 Tax imposed.
A tax of five percent is imposed on the sales price or purchase price of all equipment sold or used in the state of Iowa. This tax shall be collected and paid over to the department by any retailer, retailer maintaining a place of business in this state, or user who would be responsible for collection and payment of the tax if it were a sales or use tax imposed under chapter 423. 2005 Acts, ch 140, §34 Fri Dec 12 20:21:04 2025 Iowa Code 2026, Section 423D.2 (18, 0)
Frequently Asked Questions About Iowa § 423D.2
What does Iowa Code § 423D.2 cover?
Section 423D.2 ("423D.2 Tax imposed.") is part of the Iowa Code, the codified statutory law of Iowa. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Iowa § 423D.2?
A common citation format is "Iowa Code § 423D.2" (Iowa). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Iowa law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Iowa official source linked on this page or consult a licensed Iowa attorney.
How does Iowa § 423D.2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Iowa can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Iowa.