2018 House Bill 1048 - Printed

State of South Dakota  
NINETY-THIRD SESSION
LEGISLATIVE ASSEMBLY, 2018  

400Z0380   HOUSE BILL   NO.  1048  

Introduced by:    The Committee on Taxation at the request of the Department of Revenue
 

        FOR AN ACT ENTITLED, An Act to revise certain provisions referring to the statements on auditing standards utilized by the Department of Revenue.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF SOUTH DAKOTA:
    Section 1. That ยง 10-59-35 be amended to read:
    10-59-35. Any audit performed by the Department of Revenue shall be in accordance with generally accepted auditing standards as published by the American Institute of Certified Public Accountants in the publications entitled Statements on Auditing Standards in effect on January 1, 2015 2017. Prior to the issuance of a certificate of assessment, the department shall furnish the taxpayer with a proposed list of taxable items. The list shall be in writing. The department shall hold a conference with the taxpayer to review the list of taxable items, and the taxpayer may in writing protest the inclusion of any of the proposed taxable items. The protest may be included in any appeal of the department's certificate of assessment.


100 copies were printed on recycled paper by the South Dakota
Legislative Research Council at a cost of $.167 per page.
 
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Insertions into existing statutes are indicated by underscores.
Deletions from existing statutes are indicated by overstrikes.