Iowa Admin. Code r. 701-220.1

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 701-220.1 - Newspapers, free newspapers and shoppers' guides

(1)In general. The sales price from the sale of newspapers, free newspapers, and shoppers' guides is exempt from tax. The sales price from the sale of magazines, newsletters, and other periodicals that are not newspapers is taxable.

(2)General characteristics of a newspaper. A "newspaper" is a periodical, published at short, stated, and regular intervals, usually daily or weekly. It is printed on newsprint with news ink, and usually contains photographs. The format of a newspaper is that of sheets folded loosely together without stapling. The larger the cross section of the population that reads a periodical in the area where the periodical circulates, the more likely it is that the department will consider that periodical to be a "newspaper."

This rule is intended to implement Iowa Code section 423.3(55).

Iowa Admin. Code r. 701-220.1

ARC 8162C, IAB 7/24/24, effective 8/28/24