Multi-Function Device Exemption in Iowa

Monday, December 11th, 2017

 
 
Close-up on employee using photocopier.
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Iowa
General

Iowa recently released a publication discussing the taxability of multi-function devices (MFDs) under the computer exemption.

A multi-function device is office equipment that includes the functions of multiple office machines. The most common example is an all-in-one-print, scan, email, and photocopier.

The computer exemption applies to MFDs used by insurance companies, financial institutions, and commercial enterprises. A commercial enterprise is a business or manufacturer conducted for profit, but it does not include professions (such as accountancy), occupations (such as farming), or nonprofit organizations.

https://www.ttrus.com/Multi-Function Device Exemption in Iowa


About TTR

Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

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