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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-39A-2

Taxable value based on sale price or market value--Governmental royalty interests deducted

Official textsdlegislature.gov

Except as otherwise provided in this chapter, the taxable value of any energy mineral which has been sold is the sale price of such mineral less any rental or royalty payment belonging to the United States or the State of South Dakota or its political subdivisions and the taxable value of any severed and saved energy mineral which has not been sold is the market value of such mineral less any rental or royalty payment belonging to the United States or the State of South Dakota or its political subdivisions.

Last amended: Source: SL 1977, ch 93 , § 1; SL 1978, ch 81 , § 4.

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In this chapter (40 sections)
  1. 10-39-23 · 10-39-23 to 10-39-41. Repealed by SL 1981, ch 95, § 15
  2. 10-39-42 · Definitions
  3. 10-39-43 · Severance tax on gold
  4. 10-39-44 · Gross yield and gross production defined
  5. 10-39-45 · Finished value subject to tax--Allocation between processors
  6. 10-39-46 · 10-39-46. Superseded
  7. 10-39-47 · 10-39-47. Repealed by SL 2017, ch 66, § 4
  8. 10-39-48 · Failure to file statements as misdemeanor--Determination of…
  9. 10-39-49 · Promulgation of rules
  10. 10-39-50 · Access to taxpayer's records--Violation as misdemeanor
  11. 10-39-51 · Payment under protest--Action for…
  12. 10-39-52 · False statement as felony--Forfeiture
  13. 10-39-53 · Exemption of persons severing small amounts
  14. 10-39-54 · Distribution of proceeds
  15. 10-39-55 · 10-39-55. Repealed by SL 1984, ch 78, § 9
  16. 10-39-56 · Tax on owners of royalty or working interests--Withholding…
  17. 10-39-58 · Temporary provisions for severance tax on precious…
  18. 10-39-59 · Due dates of quarterly payments
  19. 10-39-60 · Temporary tax not additional tax
  20. 10-39-61 · 10-39-61 to 10-39-66. Repealed by SL 1997, ch 66, §§ 11 to 16
  21. 10-39-67 · Filing verified estimates--Payment due
  22. 10-39-68 · Additional tax on precious metals--Rate
  23. 10-39A-1 · Severance tax imposed on energy minerals--Rate
  24. 10-39A-2 · Taxable value based on sale price or market…
  25. 10-39A-4 · Operator to be designated to file returns and pay tax--Tax…
  26. 10-39A-5 · Quarterly filing of reports and remission of tax…
  27. 10-39A-6 · 10-39A-6. Superseded
  28. 10-39A-7 · Severance tax in lieu of taxes other than sales, use, and…
  29. 10-39A-8 · Proceeds distributed
  30. 10-39A-9 · Funds paid to counties
  31. 10-39A-10 · County trust and agency account--Purposes for which…
  32. 10-39A-15 · 10-39A-15. Superseded
  33. 10-39A-16 · Action by secretary for collection of delinquent…
  34. 10-39A-17 · 10-39A-17. Repealed by SL 2017, ch 66, § 5
  35. 10-39A-18 · Inspection of books and records--Authority of…
  36. 10-39A-19 · Inspection of books and records--Authority of county…
  37. 10-39A-20 · False statement under oath as perjury
  38. 10-39A-21 · 10-39A-21. Repealed by SL 1992, ch 158, § 4
  39. 10-39B-1 · Legislative findings
  40. 10-39B-2 · Imposition of tax--Rate--Payment--Disposition--Collection
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