The receipts factor used in § 10-43-22.1 is a fraction, the numerator of which is the total receipts of the financial institution in the state during the tax period, and the denominator of which is the total receipts of the financial institution everywhere during the tax period.
S.D. Codified Laws § 10-43-25.1
Receipts factor
Source: SL 1977, ch 96, § 11; SL 2014, ch 61, § 5, eff
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.