All property, real and personal, which is actually and necessarily used in providing telephone and exchange service comprising rental and toll service by means of wired circuits and otherwise in this state, and which belongs to any telephone company in this state which is not subject to the tax imposed by § 10-33-21 shall be assessed for the purpose of taxation by the Department of Revenue, and not otherwise.
S.D. Codified Laws § 10-33-10
Operating property assessed for taxation by department
Applied in 1 court decision — leading case At & T Information Systems v. South Dakota State Board of Equalization (1987)
Most recently applied in At & T Information Systems v. South Dakota State Board of Equalization (April 1987)
Source: SDC 1939, § 57.1801; SL 1941, ch 341; SL 1965, ch 287, § 1; SL 1974, ch 94, § 3; SL 1998, ch 67, § 1; SL 2003, ch 272 (Ex
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.