South Dakota Statutes

§ 10-39-44 — Gross yield and gross production defined.

South Dakota·Title 10 TAXATION·Ch. 10-39 MINERAL SEVERANCE TAX
In this chapter, gross yield means total receipts from the sale of precious metals severed in this state. Gross yield includes the amount received in money, credits, property, or other consideration from the sale of precious metals severed in this state without any deduction for the cost of severing precious metals, the cost of labor or services, deduction for losses, or any other expenses. Gross production means the total number of ounces of precious metals severed in this state.

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Related

Homestake Mining Co. v. Johnson
374 N.W.2d 357 (South Dakota Supreme Court, 1985)
12 case citations
Jodi Kay McGee
(D. South Dakota, 2015)

Legislative History

SL 1981, ch 95, § 3; SL 1994, ch 89, § 2.

Nearby Sections

15
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