An energy mineral is subject to the severance tax when it is sold or consumed, whichever occurs first.
S.D. Codified Laws § 10-39A-3.1
Point of imposition of severance tax
Source: SL 1978, ch 81, § 7; SL 1991, ch 93.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.