<html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039064Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039064SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039064CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039064Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039064DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039064000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039064SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039064SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2039064Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1"><span class="s2039064SENU">10-46A-1</span></a><span xml:space="preserve" class="s2039064SENU">. </span><span class="s2039064CL">Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax.</span></p><p dir="ltr" class="s2039064Normal-000000"><span class="s2039064DefaultParagraphFont">There is imposed an excise tax upon the gross receipts of all prime contractors engaged in realty improvement contracts, at the rate of two percent.</span></p><p dir="ltr" class="s2039064Normal"><span xml:space="preserve" class="s2039064000001"> </span></p><p dir="ltr" class="s2039064Normal"><span class="s2039064SCL">Source:</span><span xml:space="preserve" class="s2039064SCL-000002"> SL 1979, ch 84, § 12A; SL 1980, ch 100, § 1; SL 1984, ch 92, §§ 1, 1A; SL 1985, ch 92.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039065Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039065SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039065CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039065Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039065DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2039065Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } p.s2039065Normal-000002 { text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039065000003 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039065SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039065SCL-000004 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2039065Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.1"><span class="s2039065SENU">10-46A-1.1</span></a><span xml:space="preserve" class="s2039065SENU">. </span><span class="s2039065CL">Effective date--Application to contracts, sales and change orders.</span></p><p dir="ltr" class="s2039065Normal-000000"><span class="s2039065DefaultParagraphFont">This chapter is effective on May 1, 1984, and applies to:</span></p><p dir="ltr" class="s2039065Normal-000001"><span class="s2039065DefaultParagraphFont">(1)    All realty improvement contracts bid after April 30, 1984;</span></p><p dir="ltr" class="s2039065Normal-000001"><span class="s2039065DefaultParagraphFont">(2)    All realty improvement contracts under which construction commences after April 30, 1984, if there is no bid;</span></p><p dir="ltr" class="s2039065Normal-000001"><span xml:space="preserve" class="s2039065DefaultParagraphFont">(3)    Receipts from sales of real property pursuant to § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-5"><span class="s2039065DefaultParagraphFont">10-46A-5</span></a><span xml:space="preserve" class="s2039065DefaultParagraphFont"> if the contract to sell the property is executed after April 30, 1984.</span></p><p dir="ltr" class="s2039065Normal-000002"><span class="s2039065DefaultParagraphFont">Change orders or other amendments, made after April 30, 1984, to realty improvement contracts or purchase contracts entered into prior to May 1, 1984, shall be taxed at the rate and under the provisions of this chapter which were in effect on the date of the original contract.</span></p><p dir="ltr" class="s2039065Normal"><span xml:space="preserve" class="s2039065000003"> </span></p><p dir="ltr" class="s2039065Normal"><span class="s2039065SCL">Source:</span><span xml:space="preserve" class="s2039065SCL-000004"> SL 1984, ch 92, § 2.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml" lang="en-US"><head><meta charset="UTF-8"><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML"><style>span { white-space: pre-wrap; } p.s2082768Normal { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082768SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082768CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2082768Statute { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082768DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2082768000000 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2082768NoIndent { text-indent: 0.00in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2082768DefaultParagraphFont-000001 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2082768SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style><meta name="viewport" content="width=device-width, initial-scale=1"><meta name="twitter:card" content="summary"><meta property="og:title" content="SD 10-46A-1.2 - Contracts subject to tax imposed by chapter 10-46B."><meta property="og:description" content="SDLRC Codified Law 10-46A-1.2 - Contracts subject to tax imposed by chapter 10-46B."><meta property="og:type" content="website"><meta property="og:url" content="https://sdlegislature.gov/Statutes?Statute=10-46A-1.2"><meta property="og:image" content="https://lawmakerdocuments.blob.core.usgovcloudapi.net/photos/logoshape.webp"><meta property="og:site_name" content="South Dakota Legislature"></head><body><div><p dir="ltr" class="s2082768Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.2" rel="noopener"><span class="s2082768SENU">10-46A-1.2</span></a><span xml:space="preserve" class="s2082768SENU">. </span><span xml:space="preserve" class="s2082768CL">Contracts subject to tax imposed by chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46B" rel="noopener"><span class="s2082768CL">10-46B</span></a><span xml:space="preserve" class="s2082768CL">. </span></p><p dir="ltr" class="s2082768Statute"><span xml:space="preserve" class="s2082768DefaultParagraphFont">The tax imposed upon contractors performing realty improvement contracts for those persons subject to tax under chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-28" rel="noopener"><span class="s2082768DefaultParagraphFont">10-28</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-33" rel="noopener"><span class="s2082768DefaultParagraphFont">10-33</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-35" rel="noopener"><span class="s2082768DefaultParagraphFont">10-35</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont">, </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-36" rel="noopener"><span class="s2082768DefaultParagraphFont">10-36</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont"> or </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-36" rel="noopener"><span class="s2082768DefaultParagraphFont">10-36</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont">A or any municipal telephone company subject to chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=9-41" rel="noopener"><span class="s2082768DefaultParagraphFont">9-41</span></a><span xml:space="preserve" class="s2082768DefaultParagraphFont"> or any rural water system is not subject to this chapter and the contracts are subject to the contractors' excise tax imposed by chapter </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46B" rel="noopener"><span class="s2082768DefaultParagraphFont">10-46B</span></a><span class="s2082768DefaultParagraphFont">.</span></p><p dir="ltr" class="s2082768Normal"><span xml:space="preserve" class="s2082768000000"> </span></p><p dir="ltr" class="s2082768NoIndent"><span xml:space="preserve" class="s2082768DefaultParagraphFont-000001">Source: </span><span class="s2082768SCL">SL 1984, ch 92, § 3; SL 2005, ch 78, § 15; SL 2010, ch 65, § 1, eff. Feb. 24, 2010; SL 2018, ch 65, § 1; SL 2021, ch 49, § 11.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039067Normal { text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039067SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039067CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039067Normal-000000 { text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-left: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039067DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2039067Normal-000001 { margin-left: 0.70in; text-indent: -0.45in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-top: 0; margin-right: 0; margin-bottom: .001pt; } span.s2039067000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039067SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039067SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2039067Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.3"><span class="s2039067SENU">10-46A-1.3</span></a><span xml:space="preserve" class="s2039067SENU">. </span><span class="s2039067CL">Tax measured by gross receipts upon accrual basis.</span></p><p dir="ltr" class="s2039067Normal-000000"><span class="s2039067DefaultParagraphFont">The secretary of revenue shall allow contractors to report and pay contractor's excise tax measured by gross receipts upon an accrual basis if:</span></p><p dir="ltr" class="s2039067Normal-000001"><span class="s2039067DefaultParagraphFont">(1)    The contractor has not changed his basis in the previous calendar year;</span></p><p dir="ltr" class="s2039067Normal-000001"><span class="s2039067DefaultParagraphFont">(2)    The contractor's records are kept in a manner which may be audited to determine whether contractor's excise tax and use tax are paid for all realty improvement contracts;</span></p><p dir="ltr" class="s2039067Normal-000001"><span class="s2039067DefaultParagraphFont">(3)    The contractor has made a written request to the secretary of revenue for authority to pay tax on the accrual basis; and</span></p><p dir="ltr" class="s2039067Normal-000001"><span class="s2039067DefaultParagraphFont">(4)    Authority to pay tax on the accrual basis applies only to realty improvement contracts commencing after the authority is granted.</span></p><p dir="ltr" class="s2039067Normal"><span xml:space="preserve" class="s2039067000002"> </span></p><p dir="ltr" class="s2039067Normal"><span class="s2039067SCL">Source:</span><span xml:space="preserve" class="s2039067SCL-000003"> SL 1990, ch 93, § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=11-1"><span class="s2039067SCL-000003">11-1</span></a><span class="s2039067SCL-000003">), § 161, eff. Apr. 12, 2011.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039068Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039068SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039068CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039068Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039068DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039068000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039068SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039068SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2039068Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.4"><span class="s2039068SENU">10-46A-1.4</span></a><span xml:space="preserve" class="s2039068SENU">. </span><span class="s2039068CL">Payment of tax on cash basis.</span></p><p dir="ltr" class="s2039068Normal-000000"><span class="s2039068DefaultParagraphFont">If the secretary of revenue has granted a contractor the authority to report and pay contractor's excise tax on the accrual basis and the contractor requests in writing for the authority to report and pay the tax on the cash basis, the secretary may grant such authority if assessment and collection of taxes are not jeopardized.</span></p><p dir="ltr" class="s2039068Normal"><span xml:space="preserve" class="s2039068000001"> </span></p><p dir="ltr" class="s2039068Normal"><span class="s2039068SCL">Source:</span><span xml:space="preserve" class="s2039068SCL-000002"> SL 1990, ch 93, § 2; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=11-1"><span class="s2039068SCL-000002">11-1</span></a><span class="s2039068SCL-000002">), § 161, eff. Apr. 12, 2011.</span></p></div></body></html><br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039069Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039069SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039069CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039069Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039069DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039069000001 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039069SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039069SCL-000002 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } </style></head><body><div><p dir="ltr" class="s2039069Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.5"><span class="s2039069SENU">10-46A-1.5</span></a><span xml:space="preserve" class="s2039069SENU">. </span><span class="s2039069CL">Taxes on receipts of worthless accounts.</span></p><p dir="ltr" class="s2039069Normal-000000"><span class="s2039069DefaultParagraphFont">Taxes paid on gross receipts represented by accounts found to be worthless and actually charged off for income tax purposes, may be credited upon a subsequent payment of the tax. If such accounts are thereafter collected by the contractor, the tax shall be paid upon the amount so collected.</span></p><p dir="ltr" class="s2039069Normal"><span xml:space="preserve" class="s2039069000001"> </span></p><p dir="ltr" class="s2039069Normal"><span class="s2039069SCL">Source:</span><span xml:space="preserve" class="s2039069SCL-000002"> SL 1990, ch 93, § 3.</span></p></div></body></html><br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. 10-46A-1.6 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 10-46A-1.6 "> <META NAME="Description" Content="South Dakota Codified Laws 10-46A-1.6"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 10-46A-1.6. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2006, ch 61, &#167;&nbsp;4, eff. Feb. 6, 2006.<p> </BODY> </HTML> <br /><hr><br /> <HTML> <HEAD> <HTML> <HEAD> <meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. 10-46A-1.7 </title> <META NAME="Keywords" Content="South Dakota Codified Laws SDCL 10-46A-1.7 "> <META NAME="Description" Content="South Dakota Codified Laws 10-46A-1.7"> </HEAD> <BODY> <!-- File converted by Wp2Html Version 4.0 --> <!-- Email Andrew@brackenbeds.co.uk for more details --> <!-- WP Style Open: System_34 --><!-- WP Style End: System_34 --> <Div align="full"> <!-- WP Paired Style On: SENU -->&nbsp;&nbsp;&nbsp;&nbsp;<!-- WP Style End: SENU --> 10-46A-1.7. <!-- WP Paired Style Off: SENU -->&nbsp;<!-- WP Style End: SENU --> Repealed by SL 2007, ch 65, &#167;&nbsp;6.<p> </BODY> </HTML> <br /><hr><br /><html xmlns="http://www.w3.org/1999/xhtml"><head><meta charset="UTF-8" /><meta http-equiv='content-language' content='en-us'/><title>SDLRC - Codified Law 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. </title><meta name="Generator" content="PowerTools for Open XML" /><style>span { white-space: pre-wrap; } p.s2039072Normal { margin-top: 0; margin-bottom: 0; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039072SENU { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039072CL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } p.s2039072Normal-000000 { margin-top: 0; margin-bottom: 0; text-indent: 0.50in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039072DefaultParagraphFont { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } p.s2039072Normal-000001 { margin-top: 0; margin-bottom: 0; text-indent: 0.25in; text-align: justify; font-family: 'Times New Roman', 'serif'; font-size: 12pt; line-height: 108%; margin-left: 0; margin-right: 0; } span.s2039072000002 { font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } span.s2039072SCL { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: bold; margin: 0; padding: 0; } span.s2039072SCL-000003 { font-family: 'Times New Roman', 'serif'; font-size: 12pt; font-style: normal; font-weight: normal; margin: 0; padding: 0; } body { text-decoration-skip-ink: none; } </style></head><body><div><p dir="ltr" class="s2039072Normal"><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-46A-1.8"><span class="s2039072SENU">10-46A-1.8</span></a><span xml:space="preserve" class="s2039072SENU">. </span><span class="s2039072CL">Filing return and remitting tax-Time for filing and remittance--Extension--Penalty for untimely return or remittance.</span></p><p dir="ltr" class="s2039072Normal-000000"><span class="s2039072DefaultParagraphFont">Any person who holds a license issued pursuant to this chapter or who is a person whose receipts are subject to the tax imposed by this chapter shall, except as otherwise provided in this section, file a return, and pay any tax due, to the Department of Revenue on or before the twentieth day of the month following each monthly period. The return shall be filed on forms prescribed and furnished by the department.</span></p><p dir="ltr" class="s2039072Normal-000001"><span class="s2039072DefaultParagraphFont">If the person remits the tax by electronic transfer to the state, the person shall file the return by electronic means on or before the twentieth day of the month following each period and remit the tax on or before the twenty-fifth day of the month following each period.</span></p><p dir="ltr" class="s2039072Normal-000001"><span class="s2039072DefaultParagraphFont">The secretary may require or allow a person to file a return, and pay any tax due, on a basis other than monthly. The return and remittance is due the twentieth day of the month following the reporting period or at a time otherwise determined by the secretary.</span></p><p dir="ltr" class="s2039072Normal-000001"><span class="s2039072DefaultParagraphFont">The secretary may grant an extension of not more than five days for filing a return and remittance.</span></p><p dir="ltr" class="s2039072Normal-000001"><span xml:space="preserve" class="s2039072DefaultParagraphFont">Unless an extension is granted, penalty or interest under § </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=10-59-6"><span class="s2039072DefaultParagraphFont">10-59-6</span></a><span xml:space="preserve" class="s2039072DefaultParagraphFont"> shall be paid if a return or remittance is not made on time.</span></p><p dir="ltr" class="s2039072Normal"><span xml:space="preserve" class="s2039072000002"> </span></p><p dir="ltr" class="s2039072Normal"><span class="s2039072SCL">Source:</span><span xml:space="preserve" class="s2039072SCL-000003"> SL 2007, ch 65, § 8; SL 2011, ch 1 (Ex. Ord. </span><a href="https://sdlegislature.gov/Statutes/Codified_Laws/DisplayStatute.aspx?Type=Statute&amp;Statute=11-1"><span class="s2039072SCL-000003">11-1</span></a><span class="s2039072SCL-000003">), § 161, eff. Apr. 12, 2011; SL 2017, ch 65, § 4.</span></p></div></body></html>