The Iowa Department of Revenue issued a bulletin explaining its sales tax exemption for purchases of computers, along with the recently-enacted exemption for purchases of computer peripherals. The exemption applies to computers and computer peripherals used in processing or storage of data or information by an insurance company, financial institution, or commercial enterprise. The guidance provides a list of exempt items, including keyboards, monitors, hard drives, printers, docking stations, routers, and webcams. Taxable items include cables, hardware maintenance agreements, uninterruptible power supplies, and firewall hardware.