Iowa Code r. 701-232.6 - Distributor returns
(1)
Generally. Every distributor permitted under Iowa Code section
453A.44 must file monthly
returns.
a.
Due date. Returns
are due no later than the 20th day of the month following the month covered by
the return. For example, a return covering the month of May 2025 would be due
no later than June 20th, 2025.
b.
Remittances. Remittances for the amount due minus the
applicable discount are to be included with the monthly returns.
c.
Discount. Permitted
tobacco distributors filing returns under Iowa Code section
453A.46 are entitled to deduct a
discount equal to 3.5 percent from the remittance for the tax due. For example,
if the amount of tax due was $100, then the distributor would be entitled to
deduct $3.50 from the tax due and would remit $96.50 to the
department.
(2)
In-state distributors.
a.
Permitted tobacco distributors with a place of business in Iowa must file the
form(s) prescribed by the department as the monthly distributor
return.
b. Return information.
Information to be included in the return includes but is not limited to:
(1) Distributor's name, address, and permit
number.
(2) An accounting of the
acquisition of tobacco products subject to tax. For each acquisition, the
return must provide:
1. Date
received.
2. Date and number of
invoice.
3. Seller
information.
4. Manufacturer's
gross list price.
(3)
Claims for credit for any tobacco products destroyed, returned to manufacturer,
or exported.
1. Claims for credit are to be
completed on the form prescribed by the department.
2. Claims for credit may also be completed
via GovConnectIowa.
(4)
Certification of the person responsible for completing the
return.
(3)
Out-of-state distributors.
a. Permitted tobacco distributors, with no
place of business in Iowa, must file the prescribed form by the department as
the monthly distributor return.
b.
Return information. Information to be provided in the return includes but is
not limited to:
(1) Distributor name,
address, and permit number.
(2)
Accounting of sales of tobacco products in Iowa that are subject to tax,
including:
1. Date of sale.
2. Invoice number.
3. Purchaser name and address.
4. Manufacturer's gross list price.
(3) Certification of the person
responsible for completing the return.
This rule is intended to implement Iowa Code sections 453A.46 and 453A.47.
Notes
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.