701—53.26(422) Exclusion of biodiesel production refund. A taxpayer may exclude, to the extent included in federal taxable income, the amount of the biodiesel production refund described in rule 701—12.18(423).
This rule is intended to implement Iowa Code section 422.35 as amended by 2011 Iowa Acts, Senate File 531.
[ARC 9821B, IAB 11/2/11, effective 12/7/11]