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The tax for both counties went into effect on July 1, 2007 for a period of 10 years, making it a statewide tax. Iowa currently has a 6% state sales tax rate in addition to the 1% SILO tax and any other Local Option Sales Taxes (LOST) which may be in effect in each county, often an additional 1%. [1]
The state sales tax rate is 6%, with non-prepared food having no tax. [223] Iowa has one local option sales tax that may be imposed by counties after an election. [224] Property tax is levied on the taxable value of real property. Iowa has more than 2,000 taxing authorities. Most property is taxed by more than one taxing authority.
The Streamlined Sales and Use Tax Agreement (SSUTA) [1] focuses on four major requirements for simplification of state and local tax codes: 1) state level administration, 2) uniform tax base, 3) simplified tax rates, and 4) uniform sales sourcing rules. State-level administration Under SSUTA, sales taxes will be remitted to a single state ...
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The column labeled '#' is the official county number when listed alphabetically. This number is used for many governmental and organizational purposes, including state income tax preparation. [8] From 1922 to 1978, it was also used on Iowa license plates [9] until it was replaced by the full county name. Finally, the number in the column headed ...
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