423D.3 - EXEMPTION. - Iowa Statutes

423D.3 EXEMPTION. The sales price on the lease or rental of equipment to contractors for direct and primary use in construction is exempt from the tax imposed by this chapter. The sales price from transactions exempt from state sales tax under section 423.3 is also exempt from the tax imposed by this chapter.          Section History: Recent Form 2005 Acts, ch 140, §35; 2008 Acts, ch 1184, §60