Iowa DOR Proposes to Amend Sales and Use Tax Regulations Related to Silviculture

The Iowa Department of Revenue Oct. 7 proposed sales and use tax regulations related to silviculture. The proposal includes measures to: 1) amend the definition of agricultural production to include production from silvicultural activities; 2) create a single definition of plants and clarify when that definition applies in various rules; 3) state that sales of machinery and equipment used in flowering, ornamental, or vegetable plant production, which aren’t self-propelled or attached to self-propelled machinery and equipment are exempt; and 4) clarify that sales of self-propelled implements or implements customarily drawn or attached to self-propelled implements and replacement parts for the ...