South Dakota Statutes

§ 10-39A-2 — Taxable value based on sale price or market value--Governmental royalty interests deducted.

South Dakota § 10-39A-2
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-39ENERGY MINERALS SEVERANCE TAX

This text of South Dakota § 10-39A-2 (Taxable value based on sale price or market value--Governmental royalty interests deducted.) is published on Counsel Stack Legal Research, covering South Dakota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
S.D. Codified Laws § 10-39A-2 (2026).

Text

Except as otherwise provided in this chapter, the taxable value of any energy mineral which has been sold is the sale price of such mineral less any rental or royalty payment belonging to the United States or the State of South Dakota or its political subdivisions and the taxable value of any severed and saved energy mineral which has not been sold is the market value of such mineral less any rental or royalty payment belonging to the United States or the State of South Dakota or its political subdivisions.

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Legislative History

SL 1977, ch 93, § 1; SL 1978, ch 81, § 4.

Nearby Sections

15
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Bluebook (online)
South Dakota § 10-39A-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-39A-2.