701—260.16(452A) Method of reporting taxable gallonage. The exclusive method of determining gallonage of any purchase or sale of motor fuel or special fuel and distillate fuel is to be on gross-volume basis. A temperature-adjusted or other method cannot be used, except as it applies to liquefied petroleum gas and the sale or exchange of petroleum products between petroleum refineries.
This rule is intended to implement Iowa Code section 452A.8 as amended by 1995 Iowa Acts, chapter 155.
[ARC 6508C, IAB 9/7/22, effective 10/12/22]