§ 10-46B-1 — Tax imposed on receipts from certain realty improvement contracts--Rate of tax.

South Dakota § 10-46B-1

• Jurisdiction: South Dakota
• Title 10: TAXATION
• Ch. 10-46B: ALTERNATE REALTY IMPROVEMENT CONTRACTOR'S EXCISE TAX

Text

There is imposed an excise tax upon the gross receipts of all prime contractors and subcontractors engaged in realty improvement contracts for those persons subject to tax under chapter 10-28 , 10-33 , 10-34 , 10-35 , 10-36 , or 10-36A or any municipal telephone company subject to chapter 9-41 or any rural water system, at the rate of two percent.

Legislative History

SL 1979, ch 84, § 12A; SL 1980, ch 100, § 1; SDCL § 10-49A-1; SL 1984, ch 92, § 3; SL 1986, ch 106; SL 1995, ch 68, § 44; SL 2005, ch 78, § 14; SL 2010, ch 65, § 2, eff. Feb. 24, 2010; SL 2018, ch 65, § 2.