South Dakota Statutes
§ 10-45-99 — Definitions.
Terms used in §§ to 10-45-107 , inclusive, mean:
(1)"Department," the Department of Revenue;
(2)"Business," a business that has purchased and is installing tangible personal property in the form of equipment or machinery for direct use in a manufacturing, fabricating, or processing business, which is subject to sales or use tax pursuant to chapter 10-45 or 10-46 ;
(3)"Project," the purchase and installation of equipment or machinery;
(4)"Project cost," the amount paid in money for a project;
(5)"Secretary," the secretary of the Department of Revenue.
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South Dakota § 10-45-99 (Definitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 2001, ch 57, § 2; SL 2011, ch 1 (Ex. Ord.
Nearby Sections
15
§ 10-1-1.1
, 10-1-2§ 10-1-13
General functions of secretary.§ 10-1-13.1
Interstate agreements for administration of excise and income taxes--Exchange of information.§ 10-1-15
General supervision of assessment of property for taxation--Forms--Classification of property.§ 10-1-16
Advice and direction to directors of equalization and boards--Instructional meetings of directors.§ 10-1-16.1
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