ARSD § 64:06:01:34 — Credit for tax previously paid

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64:06:01:34. Credit for tax previously paid. The amount
of use tax imposed on tangible personal property, any product transferred
electronically, or service shall be reduced by the amount of sales or use tax
previously paid by the taxpayer on the property or service because of liability
to another state or its political subdivision.
The amount of excise tax imposed on
farm machinery, attachment units, and irrigation equipment used exclusively for
agricultural purposes shall be reduced by the amount of sales, use, or gross
receipts tax previously paid by the taxpayer on the machinery and equipment
because of liability to another state or its political subdivision.
Credit will not be granted for taxes
paid on tangible personal property, any product transferred electronically, or
service in another state or its political subdivision if that state does not
grant a credit for taxes paid on similar tangible personal property, any
product transferred electronically, or service in this state. Credit may not be
granted when property purchased in another state is shipped by a common carrier
or delivered by the seller because there is no sales or use tax liability in
that state.