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South Dakota Administrative Rules — Title 64 (Revenue)

ARSD § 64:07:01:08

"Sweat equity."

Official textsdlegislature.gov

"
64:07:01:08. "Sweat equity." Persons receiving consideration in exchange for labor under a
"sweat equity" contract are contractors making realty improvements.
The value of the consideration is subject to the contractors' excise tax unless the person performing the "sweat equity" labor receives an exemption certificate from a prime contractor.

Last amended: Source: 6 SDR 44, effective November 8, 1979; 13 SDR 129, 13 SDR 134, effective July 1, 1987; 21 SDR 219, effective July 1, 1995. General Authority: SDCL 10-46A-19. Law Implemented: SDCL 10-46A-1 , 10-46A-2.1.

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In this chapter (40 sections)
  1. 64:06:01:62 · Definition of terms used in sourcing rules
  2. 64:06:01:63 · General sourcing rules
  3. 64:06:01:64 · Sourcing rules for lease or rental of tangible personal…
  4. 64:06:01:65 · Sourcing rules for motor vehicles, trailers,…
  5. 64:06:01:66 · Sourcing rules for transportation equipment -- Definition…
  6. 64:06:01:67 · Repealed
  7. 64:06:01:68 · Sourcing rules for direct mailing
  8. 64:06:01:69 · Repealed
  9. 64:06:01:70 · Delivery charges
  10. 64:06:01:71 · Sourcing rules for computer software maintenance contracts
  11. 64:06:01:72 · Sourcing software term license and subscriptions
  12. 64:06:01:73 · Definition of terms
  13. 64:06:01:74 · Sourcing rules of personal care services
  14. 64:07:01:01 · Repealed
  15. 64:07:01:02 · Gross receipts explained
  16. 64:07:01:03 · Repealed
  17. 64:07:01:04 · Repealed
  18. 64:07:01:05 · Repealed
  19. 64:07:01:06 · Real property repairs
  20. 64:07:01:07 · Repealed
  21. 64:07:01:08 · "Sweat equity."
  22. 64:07:01:09 · Repealed
  23. 64:07:01:10 · Contractors to furnish information on subcontractors
  24. 64:07:01:11 · Contractors and subcontractors to furnish information on…
  25. 64:07:01:12 · Tax return filing dates for contractors
  26. 64:07:01:13 · Contractors as consumers of construction supplies
  27. 64:07:01:14 · Furnishing of equipment
  28. 64:07:01:15 · Contracts with governmental agencies
  29. 64:07:01:16 · Construction equipment
  30. 64:07:01:17 · Gross receipts defined
  31. 64:07:01:18 · Repealed
  32. 64:07:01:19 · Bond
  33. 64:07:01:20 · Application of contractors' excise tax to projects…
  34. 64:09:01:01 · Use tax law -- Procedure
  35. 64:09:01:02 · Repealed
  36. 64:09:01:03 · Repealed
  37. 64:09:01:04 · Exemption of property brought in for personal use of…
  38. 64:09:01:05 · Repealed
  39. 64:09:01:06 · Exemption of raw materials and parts for manufacture of…
  40. 64:09:01:07 · Repealed
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