Sales Tax Returns, Filing Penalties (1384XD) - Revenue, Department of

This bill requires most businesses that collect sales tax in Iowa to file monthly sales tax returns electronically. It specifies that returns filed in non-electronic formats are invalid unless the business requests and receives permission from the Department of Revenue. The bill also grants the Department authority to create rules for implementing these electronic filing requirements. This directly affects retailers and businesses subject to sales tax reporting, changing how they submit their tax filings.