There are specifically exempted from the provisions of this chapter and the computation of the tax imposed by it, the fair market value of any tangible personal property, product transferred electronically, or service given without charge to an institution, organization, or group exempt from the tax imposed by this chapter.
S.D. Codified Laws § 10-45-13.2
Exemption of fair market value of personal property or service given without charge to exempt organization
Source: SL 1987, ch 105, § 1; SL 2008, ch 51, § 19.
Official source: South Dakota Legislature. Reproduced from public-domain South Dakota statutes; confirm against the official source for the current text. Not legal advice.