South Dakota Statutes

§ 10-39A-1 — Severance tax imposed on energy minerals--Rate.

South Dakota·Title 10 TAXATION·Ch. 10-39 ENERGY MINERALS SEVERANCE TAX
For the privilege of severing energy minerals in this state, there is imposed on the owner or operator of any energy mineral an excise tax, to be termed a "severance tax," equal to four and one-half percent of the taxable value of any energy minerals severed and saved by or for the owner or operator.

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South Dakota § 10-39A-1 (Severance tax imposed on energy minerals--Rate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

SL 1977, ch 93, § 1; SL 1978, ch 81, § 1; SL 1979, ch 78, § 1; SL 2008, ch 37, § 94.

Nearby Sections

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