American Home Products Corp. v. Iowa State Board of Tax Review

SCHULTZ, Justice.

This appeal involves the interpretation of section 422.33, The Code, as it was in effect from January 1, 1971, through June 30, 1975. The question presented is whether the phrase “gross sales from goods delivered within the state” encompasses sales when the seller accepted the orders underlying the sales outside the State of Iowa, filled such orders from a stock of goods maintained outside the State of Iowa, and shipped those goods by common carrier f. o. b. seller’s place of business outside the State of Iowa directly to Iowa customers. The district court found that it does.…