IAR Recyclers Newspress September / October 2014 - page 6

Page 6
Recyclers News Press
Members present: Andy Wilken, Sue Schauls, Tracy
Hurst, Tom Quandt, Mike Swift, Brad Osborn, Eric L.
Piper, Mike Davidson, Tom Snyder, Eric C. Piper,
Brent Nugent, Clyde Lems, and Jim Piazza.
President Andy Wilken called the meeting to order at
5:25 p.m.
New Business:
Hamari Update – Sue sent the board members by
email the summary of the Harari Report from Paul
Steier at the Department of Transportation. The
board did not feel like there was much valuable infor-
mation in this report so there was a lot of discussion
among the board members about our next plan of ac-
tion.
Jim Piazza suggested going to the Department of
Public Safety and talking to Larry Noble with the vehi-
cle theft division. He also thought the IAR members
need to get their elected officials involved in this.
Rebuilder Tax Basis – This proved to be another topic
that drew a lot of spirited discussion because of the
effect on the customers of licensed recyclers who buy
and rebuild vehicles. Clyde, Sue & Mike Swift re-
capped the meeting with the Dept. of Revenue and
Dept. of Transportation held on August 5th.
Some items brought up during the discussion were:
what the DOR interprets the new code to read for fair
market value vs. that the industry believes fair market
value is set by sale price of the rebuilder vehicle +
parts with no value for labor or supplies, determining
a fair market value, using receipts for tax purposes,
printing a brochure for IAR member with information
on steps taken to address the new form so that info
can be shared with their customers who are complain-
ing about the confusion and unfairness of value vs
cost, compromising with the departments on the value
used for taxation such that they are looking for a 25-
35% reduction form NADA book value vs standing our
ground on this issue and explaining that the lack of
taxation is actual at the time of purchase of the
wrecked vehicle, defining a fair market value with
elected officials. Sue said she would continue a con-
versation with the Department of Revenue.
Iowa Automotive Recyclers
Board of Directors Meeting
August 19, 2014 5:15 pm
Teleconference
1,2,3,4,5 7,8,9,10,11,12,13,14,15,16,...28
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