An excise tax is imposed upon the privilege of the use of rented tangible personal property and any product transferred electronically in this state at the rate of four and two-tenths percent of the rental payments upon the property.
S.D. Codified Laws § 10-46-2.2
Tax on use of rented property and products transferred electronically
Applied in 1 court decision — leading case Thermoset Plastics, Inc. v. State, Department of Revenue (1991)
Most recently applied in Thermoset Plastics, Inc. v. State, Department of Revenue (July 1991)
Source: SL 1983, ch 86, § 7; SL 1987, ch 98, § 11; SL 1988, ch 106, § 1; SL 2008, ch 51, § 38; SL 2016, ch 65, § 10, 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.