Iowa Statutes
§ 432.2 — Mutual service corporations
Iowa § 432.2
This text of Iowa § 432.2 (Mutual service corporations) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 432.2 (2026).
Text
Notwithstanding section 432.1, a hospital service corporation, medical service corporation,
pharmaceutical service corporation, optometric service corporation, and any other service
corporation operating under chapter 514 shall pay as taxes to the director of revenue an
amountequaltotheapplicablepercent,asprovidedinsection432.1,subsection2,ofthegross
amount of payments received during the preceding calendar year for subscriber contracts
covering residents in this state after deducting the amounts returned to subscribers upon
canceled subscriber contracts and rejected applications. Section 432.1, subsections 5 and 6,
apply to the tax imposed by this section.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[C73, §807; C97, §1333; S13, §1333; C24, 27, 31, 35, 39, §7023; C46, 50, 54, 58, 62, 66, 71,
73, 75, 77, 79, 81, §432.3; 81 Acts, ch 142, §2]
Nearby Sections
15
§ 432.12A
Historic preservation tax credit§ 432.12C
Investment tax credits§ 432.12D
Endow Iowa tax credit§ 432.12I
Iowa fund of funds tax credit§ 432.12K
Film investment tax creditCite This Page — Counsel Stack
Bluebook (online)
Iowa § 432.2, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/432.2.