(1)
Incorporation of definitions. To the extent they are
consistent with Iowa Code chapter 423 and this chapter, all other words and
phrases used in this chapter mean the same as defined in Iowa Code sections
423.1 and
423.14A and rule
701-200.1 (423).
(2)
Chapter-specific
definitions. For purposes of this chapter, unless the context
otherwise requires:
"Gross revenue from sales" means all revenue
from Iowa sales.
"Iowa sales" means the same as defined in
Iowa Code section 423.14A(1)
"a" and includes all retail sales, whether taxable or exempt,
and other sales of tangible personal property, specified digital products, or
services otherwise sold into Iowa or for delivery into Iowa, including
wholesale or sale for resale. "Iowa sales" includes sales made through a
marketplace.
"Marketplace" means any physical or
electronic place, including but not limited to a store, booth, Internet
website, catalog, television or radio broadcast, or dedicated sales software
application, where a marketplace seller sells or offers for sale tangible
personal property, or specified digital products, or where services are offered
for sale into Iowa regardless of whether the tangible personal property,
specified digital product, marketplace seller, or marketplace has a physical
presence in Iowa.
"Physical presence in Iowa" means the
activities described in Iowa Code section
423.1(48)
"a"(1).
"Remote seller" means a retailer that does
not have a physical presence in Iowa but that makes sales of tangible personal
property, specified digital products, or services that are sourced to
Iowa.
"Retailer" means the same as defined in Iowa
Code section 423.1(47).
"Retailer" includes a marketplace facilitator that meets or exceeds the sales
threshold and includes a remote seller.
"Sales threshold" means the revenue level
that triggers collection and remittance obligations for Iowa sales tax and
local option tax as described in Iowa Code section
423.14A(3):
$100,000 or more in gross revenue from Iowa sales into Iowa in either the
current or immediately prior calendar year.
