South Dakota Statutes
§ 10-39-58 — Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.
Notwithstanding the provisions of § 10-39-43 , for the privilege of severing precious metals in this state, for the time period beginning July 1, 1993, and ending June 30, 1994, there is imposed a severance tax of two percent of the first fifty million dollars of the gross yield from the sale of precious metals severed in this state, and a severance tax of one percent of the gross yield from the sale of precious metals in excess of fifty million dollars severed in this state.
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South Dakota § 10-39-58 (Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1992, ch 87, § 1; SL 1993, ch 93, § 1.
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