For the privilege of severing precious metals in this state, there is imposed a severance tax of four dollars per ounce of gold severed in this state.
S.D. Codified Laws § 10-39-43
Severance tax on gold
Applied in 1 court decision — leading case Homestake Mining Co. v. Johnson (1985)
Most recently applied in Homestake Mining Co. v. Johnson (September 1985)
Source: SL 1981, ch 95, § 2; SL 1984, ch 78, § 1; SL 1994, ch 89, § 1.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.