Iowa Admin. Code r. 701-285.3 - Student fraternities and sororities
(1) Student fraternities and sororities are
not considered to be engaged in the business of selling tangible personal
property at retail when they provide their members with meals and lodging for
which a flat rate or lump sum is charged. A person engaged in the selling of
foods and beverages to such organizations for use in the preparation of meals
is making exempt sales at retail and shall not be liable for tax if the food
purchases would be exempt under rule
701-220.5 (423).
(2) Student fraternities or sororities
engaged in the business of selling meals or other tangible personal property to
persons other than members for which separate charges are made are making
taxable sales.
(3) Sales by other
food preparers. When student fraternities or sororities do not provide their
own meals but meals instead are provided to members by caterers,
concessionaires or other persons, such caterers, concessionaires or other
persons shall be liable for the collection and remittance of sales tax on the
sales price from meals furnished.
This rule is intended to implement Iowa Code sections 423.1, 423.1(39), 423.2, and 423.5.
Notes
ARC 8157C, IAB 7/24/24, effective 8/28/24
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.