But, as always, the devil is in the details. It's is an incredibly complex process that, while holding great promise, comes with significant limitations and unknowns. In this lesson, we will gloss over the obvious benefits of bioremediation and instead look at a few of the challenges, or disadvantages, of bioremediation.
Sales taxes. The state sales tax rate in Iowa increased to 6% (from 5%) on July 1, 2008. Iowa also collects a corresponding use tax on out-of-state purchases. Local taxing jurisdictions also may impose a local option sales tax if approved by voters. This tax is imposed on the gross receipts from sales of tangible personal property.
The most prominent excise taxes collected by the Iowa state government are the fuel tax on gasoline and the so-called sin tax collected on cigarettes and alcoholic beverages. An excise tax is not the same thing as the Iowa Sales Tax. The Iowa Sales Tax is collected as a percentage of the final purchase price of all qualifying sales, and is collected directly from the end consumer of the product.