701—404.2(422) Definitions. For the purposes of this chapter:
“Employee” means a nonresident member of a professional athletic team as defined in subrule 701—302.46(1).
“Partner” includes a member of a limited liability company which is treated as a partnership for tax purposes.
“Taxpayer” means a partnership, limited liability company, S corporation, professional athletic team, or trust which files a return and pays the tax on behalf of the nonresident partners, members, shareholders, employees, beneficiaries, estates or trusts.
“Tax year” means the tax year of the partners, shareholders, employees, beneficiaries, estates or trusts included in the composite return.
This rule is intended to implement Iowa Code section 422.13.
[Editorial change: IAC Supplement 11/2/22; Editorial change: IAC Supplement 10/18/23]