Upon determination by the secretary of agriculture that assent to assessment has been given, there shall be assessed and levied an excise tax of ten cents per head on all beef cattle and five cents per head on all veal calves sold for slaughter. The tax shall be due at or before the time animals are first sold for purposes of slaughter, and shall be paid at a time the council may, by rule or regulation, prescribe, but not later than the last day of the month following the end of the prior reporting period in which animals are sold.
The tax shall be assessed and levied on any person selling beef cattle or veal calves for slaughter, at the time of delivery of the animals for sale, and shall be deducted by the first purchaser from the price paid to the seller. The first purchaser, at the time of sale, shall make and deliver to the producer separate invoices for each purchase, showing the name and address of the producer and the first purchaser, the number and kind of animals sold, and the date of sale.
[C71, 73, 75, 77, 79, 81, § 181.11]
Referred to in § 181.14, 181.19
Iowa General Assembly
Search: Iowa Code 1997
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