South Dakota § 5-18B-7 Contractor's use tax liability.

South Dakota Statutes

§ 5-18B-7 — Contractor's use tax liability.

South Dakota § 5-18B-7

Title 5PUBLIC PROPERTY, PURCHASES AND CONTRACTS

Ch. 5-18PROCUREMENT OF PUBLIC IMPROVEMENTS

This text of South Dakota § 5-18B-7 (Contractor's use tax liability.) 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 § 5-18B-7 (2026).

Text

If a purchasing agency is to supply tangible personal property to be used in performance of the contract and the personal property is taxable to the contractor under § 10-46-5 , the specifications or notice to bidders shall state the purchase price or fair market value of the tangible personal property, whichever is the greater. The stated amount shall be the basis for determining the contractor's liability for tax.

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If a purchasing agency is to supply tangible personal property to be used in performance of the contract and the personal property is taxable to the contractor under § 10-46-5 , the specifications or notice to bidders shall state the purchase price or fair market value of the tangible personal property, whichever is the greater. The stated amount shall be the basis for determining the contractor's liability for tax.