South Dakota § 10-52A-1.2 Conditions under which gross receipts include consideration retailer received from third parties.

South Dakota Statutes

§ 10-52A-1.2 — Conditions under which gross receipts include consideration retailer received from third parties.

South Dakota § 10-52A-1.2

Title 10TAXATION

Ch. 10-51MUNICIPAL GROSS RECEIPTS TAX

This text of South Dakota § 10-52A-1.2 (Conditions under which gross receipts include consideration retailer received from third parties.) 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 § 10-52A-1.2 (2026).

Text

Gross receipts, as defined in § 10-52A-1.1 , include consideration received by the retailer from third parties if:

(1)The retailer actually receives consideration from a party other than the purchaser and the consideration is directly related to a price reduction or discount on the sale;

(2)The retailer has an obligation to pass the price reduction or discount through to the purchaser;

(3)The amount of the consideration attributable to the sale is fixed and determinable by the retailer at the time of the sale of the item to the purchaser; and (4) One of the following criteria is met:

(a)The purchaser presents a coupon, certificate, or other documentation to the retailer to claim a price reduction or discount where the coupon, certificate, or documentation is authorized,

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Gross receipts, as defined in § 10-52A-1.1 , include consideration received by the retailer from third parties if: (1) The retailer actually receives consideration from a party other than the purchaser and the consideration is directly related to a price reduction or discount on the sale; (2) The retailer has an obligation to pass the price reduction or discount through to the purchaser; (3) The amount of the consideration attributable to the sale is fixed and determinable by the retailer at the time of the sale of the item to the purchaser; and (4) One of the following criteria is met: (a) The purchaser presents a coupon, certificate, or other documentation to the retailer to claim a price reduction or discount where the coupon, certificate, or documentation is authorized, distributed, or granted by a third party with the understanding that the third party will reimburse any retailer to whom the coupon, certificate, or documentation is presented; (b) The purchaser identifies himself or herself to the retailer as a member of a group or organization entitled to a price reduction or discount (a preferred customer card that is available to any patron does not constitute membership in such a group); or (c) The price reduction or discount is identified as a third party price reduction or discount on the invoice received by the purchaser or on a coupon, certificate, or other documentation presented by the purchaser. For the purposes of this section, the purchaser is the end consumer.