Fillable Form Idr 56-068 - Grain Tax Return

Tax on Grain Handlers

Iowa Code Section 428.35

1. Definitions. “Person” as used herein means individuals, corporations, firms, and associations of

whatever form. “Handling” or “handled” as used herein means the receiving of grain at or in each

elevator, warehouse, mill, processing plant, or other facility in this state in which it is received for

storage, accumulation, sale, processing, or for any purpose whatsoever. “Grain” as used herein

means wheat, corn, barley, oats, rye, flaxseed, field peas, soybeans, grain sorghums, spelts, and

such other products as are usually stored in grain elevators. Such term excludes such seeds after

being processed, and the products of such processing when packaged or sacked. The term

“processing” shall not include hulling, cleaning, drying, grading, or polishing.

2. Tax imposed. An annual excise tax is hereby levied on such handling of grain in the amount

hereinafter provided. All grain so handled shall be exempt from all taxation as property under the

laws of this state. The amount of such excise tax shall be a sum equal to one-fourth mill per

bushel upon all grain as herein defined so handled.

3. Statement filing form. Every person engaged in handling grain shall, on the first day of January

of each year and not later than 60 days thereafter, make and file with the assessor a statement of

the number of bushels of grain handled by the person in that district during the year immediately

preceding, or the part thereof, during which the person was engaged in handling grain; and on

demand the assessor shall have the right to inspect all such person’s records thereof. A form for

making such statement shall be included in the blanks prescribed by the director of Revenue and

Finance. If such statement is not furnished as herein required, section 441.24, shall be applicable.

4. Assessment. The assessor of each such district, from the statement required or from such other

information as the assessor may acquire, shall ascertain the number of bushels of grain handled by

each person handling grain in the assessor’s district during the preceding year, or part thereof, and

shall assess the amount herein provided to such person under the provisions of this section.

5. Computation of tax. The rate imposed by subsection 2 shall be applied to the number of bushels

of grain so handled, and the computed amount thereof shall constitute the tax to be assessed.

6. Payment of tax. The tax, when determined, shall be entered in the same manner as general

property taxes on the tax list of the taxing district, and the proceeds of the collection of the tax

shall be distributed to the same taxing units and in the same proportion as the general property tax

on the tax list of each taxing district. All provisions of the law relating to the assessment and

collection of property taxes and the powers and duties of the county treasurer, county auditor, and

all other officers with respect to the assessment, collection, and enforcement of property taxes

apply to the assessment, collection, and enforcement of the tax imposed by this section.

IDR 56-068b (03/06/12)

Form Idr 56-068 - Grain Tax Return - 2013 Page 2