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Multistate Tax  |  March 19, 2021
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Sales/Use/Indirect:
Iowa: Proposed Rules Implement Law Changes Involving Bundled Transactions and Digital Products

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Proposed New Rule 701—Chapter 216 (701—216.1, 701—216.2, 701—216.3, 701—216.4), Iowa Dept. of Rev. (3/10/21). The Iowa Department of Revenue is proposing new rules on bundled transactions to help implement legislation enacted in 2018 [see S.F. 2417 (2018) and previously issued Multistate Tax Alert for more details on this 2018 Iowa legislation] and 2020 [see H.F. 2641 (2020) for more details on this 2020 legislation] to:

  • Fully incorporate the definition of “bundled transaction” to be used by members of the Streamlined Sales and Use Tax Agreement, including Iowa; and
  • Incorporate the addition of “specified digital products” to the description of components of a transaction that make that transaction a non-bundled transaction.

Interested parties may submit comments concerning these proposed rule changes by March 30, 2021, which is also the tentative date of a public hearing that may be held if requested. Please contact us with any questions.

 

—

Robyn Staros (Chicago)

Managing Director

Deloitte Tax LLP

 



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In this issue

Income/Franchise
Arkansas: New Law Establishes Annual Election to Pay Tax at Passthrough Entity Level

Georgia: New Law Generally Updates State Conformity to Internal Revenue Code

Iowa DOR Posts New Guidance on State Reporting of RARs and Federal Income Tax Changes

New Jersey: Division Addresses Conformity to Federal Consolidated Return Rules for Combined Returns

Oregon DOR Extends Nexus Relief Timeframe for COVID-19 Pandemic-Related Telecommuting

Virginia: New Law Updates State Conformity to Internal Revenue Code and Addresses CARES Act

Sales/Use/Indirect
Iowa: Proposed Rules Implement Law Changes Involving Bundled Transactions and Digital Products

Maryland Comptroller Announces Filing Extensions and Waivers for Some Filers Due to Law Changes

Multistate Tax Alerts



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