Iowa SF636 expands the sales tax exemption for central office and transmission equipment used in commercial telecommunications services.

Iowa SF636 modifies the sales tax exemption for the purchase of central office equipment or transmission equipment used by entities in the commercial telecommunications services sector. The bill removes the requirement that these purchases be "primarily" used for telecommunications services, making all such purchases exempt from sales tax. This change affects local exchange carriers, competitive local exchange service providers, franchised cable television operators, mutual companies, municipal utilities, cooperatives, companies not subject to rate regulation, long-distance companies, and.

Iowa SF636 expands the sales tax exemption for central office and transmission equipment used in commercial telecommunications services.

Iowa SF636 modifies the sales tax exemption for the purchase of central office equipment or transmission equipment used by entities in the commercial telecommunications services sector. The bill removes the requirement that these purchases be "primarily" used for telecommunications services, making all such purchases exempt from sales tax. This change affects local exchange carriers, competitive local exchange service providers, franchised cable television operators, mutual companies, municipal utilities, cooperatives, companies not subject to rate regulation, long-distance companies, and.