South Dakota Statutes

§ 10-43-23.1 — Property factor.

South Dakota § 10-43-23.1
JurisdictionSouth Dakota
Title 10TAXATION
Ch. 10-43INCOME TAX ON BANKS AND FINANCIAL CORPORATIONS

This text of South Dakota § 10-43-23.1 (Property factor.) 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 § 10-43-23.1 (2026).

Text

The property factor used in § 10-43-22.1 is a fraction, the numerator of which is the average value of the financial institution's real and tangible property owned or rented and used in this state during the tax period and the denominator of which is the average value of all the financial institution's real and tangible personal property owned or rented and used everywhere during the tax period.

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Legislative History

SL 1977, ch 96, § 6; SL 2014, ch 61, § 1, eff. Jan. 1, 2015.

Nearby Sections

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Bluebook (online)
South Dakota § 10-43-23.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/sd/10-43-23.1.