[magicalist]

> Be careful because the Google Analytics code (newest version includes a noscript section that loads an iframe within it)

No it doesn't[1]? What are you referring to?

[1] https://developers.google.com/analytics/devguides/collection...

[rchmura]

The tag manager does. The code you are linking to is a developer reference for the raw tracking code.

The tag manager has a "noscript" tag that points to an iframe with the domain googletagmanager.com