Iowa Legislature Expands Sales Tax Exemption for Telecom Equipment

The Iowa Legislature has amended Section 423.3 of the Iowa Code to expand the sales tax exemption for central office equipment or transmission equipment used in furnishing telecommunications services. The amendment includes equipment used for telecommunications services, internet access services, or a combination thereof by various entities including local exchange carriers, cable operators, utilities, and mobile service providers. [H.F. 960, enacted 05/19/26]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.