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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-43-4

Time of liability for tax--Rate of tax--Minimum

Official textsdlegislature.gov

The liability for the tax imposed by this chapter shall arise upon the first day of each tax year and shall be based upon the net income assignable to this state at the rate of six percent on net income of four hundred million dollars or less; at the rate of five percent on net income exceeding four hundred million dollars but equal to or less than four hundred twenty-five million dollars; at the rate of four percent on the net income exceeding four hundred twenty-five million dollars but equal to or less than four hundred fifty million dollars; at the rate of three percent on the net income exceeding four hundred fifty million dollars but equal to or less than four hundred seventy-five million dollars; at the rate of two percent on the net income exceeding four hundred seventy-five million dollars but equal to or less than five hundred million dollars; at the rate of one percent on the net income exceeding five hundred million dollars but equal to or less than six hundred million dollars; at the rate of one-half of one percent on the net income exceeding six hundred million dollars but equal to or less than one billion two hundred million dollars; and at the rate of one-quarter of one percent on the net income exceeding one billion two hundred million dollars. The tax payable under this section may be no less than two hundred dollars.

Last amended: Source: SL 1939, ch 263 , §§ 5, 8; SL 1941, ch 356 , § 1; SL 1943, ch 300 ; SL 1957, ch 467 ; SDC Supp 1960, §§ 57.30A05, 57.30A08; SL 1969, ch 266 , § 1; SL 1976, ch 96 , § 1; SL 1977, ch 97 ; SL 1979, ch 82 , § 1; SL 1991, ch 97 ; SL 2000, ch 58 , § 1; SL 2016, ch 62 , § 4.

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In this chapter (40 sections)
  1. 10-43-1 · Definition of terms
  2. 10-43-2 · Tax imposed on financial institutions
  3. 10-43-3 · 10-43-3. Repealed by SL 1977, ch 96, § 20
  4. 10-43-4 · Time of liability for tax--Rate of tax--Minimum
  5. 10-43-5 · Income tax in lieu of other taxes
  6. 10-43-6 · 10-43-6 to 10-43-10. Repealed by SL 1977, ch 96, § 20
  7. 10-43-11 · 10-43-11. Repealed by SL 1978, ch 83, § 3
  8. 10-43-12 · 10-43-12 to 10-43-22. Repealed by SL 1977, ch 96, § 20
  9. 10-43-23 · 10-43-23. Repealed by SL 1977, ch 96, § 20
  10. 10-43-24 · 10-43-24. Repealed by SL 1977, ch 96, § 20
  11. 10-43-25 · 10-43-25. Repealed by SL 1977, ch 96, § 20
  12. 10-43-26 · 10-43-26 to 10-43-29. Repealed by SL 1977, ch 96, § 20
  13. 10-43-30 · Time for filing annual return and paying tax--Penalty and…
  14. 10-43-31 · 10-43-31, 10-43-32. Repealed by SL 2016, ch 62, §§ 12, 13
  15. 10-43-33 · 10-43-33. Repealed by SL 1977, ch 96, § 20
  16. 10-43-34 · Final return on dissolution
  17. 10-43-35 · 10-43-35. Repealed by SL 1977, ch 96, § 20
  18. 10-43-36 · Consolidated report of related corporations
  19. 10-43-37 · 10-43-37. Repealed by SL 1978, ch 83, § 4
  20. 10-43-38 · 10-43-38 to 10-43-42. Repealed by SL 1977, ch 96, § 20
  21. 10-43-43 · 10-43-43. Repealed by SL 1977, ch 96, § 20
  22. 10-43-44 · 10-43-44, 10-43-45. Repealed by SL 1977, ch 96, § 20
  23. 10-43-46 · False or fraudulent return or information with intent to…
  24. 10-43-47 · 10-43-47. Repealed by SL 1977, ch 96, § 20
  25. 10-43-48 · 10-43-48. Repealed by SL 1978, ch 70, § 6
  26. 10-43-49 · 10-43-49. Repealed by SL 1977, ch 96, § 20
  27. 10-43-50 · 10-43-50. Repealed by SL 2016, ch 63, § 4
  28. 10-43-51 · 10-43-51, 10-43-51.1. Repealed by SL 2016, ch 63, §§ 5, 6
  29. 10-43-52 · 10-43-52, 10-43-53. Superseded
  30. 10-43-54 · 10-43-54. Repealed by SL 2019, ch 64, § 1
  31. 10-43-55 · 10-43-55. Repealed by SL 2016, ch 63, § 7
  32. 10-43-56 · 10-43-56 to 10-43-59. Repealed by SL 1977, ch 96, § 20
  33. 10-43-60 · 10-43-60. Repealed by SL 2016, ch 63, § 8
  34. 10-43-61 · 10-43-61. Repealed by SL 1977, ch 96, § 20
  35. 10-43-62 · 10-43-62 to 10-43-67. Repealed by SL 2016, ch 62, §§ 17 to 22
  36. 10-43-68 · 10-43-68. Repealed by SL 1977, ch 96, § 20
  37. 10-43-69 · 10-43-69 to 10-43-72. Repealed by SL 2016, ch 62, §§ 23 to 26
  38. 10-43-73 · Tax payment as condition precedent to doing…
  39. 10-43-74 · 10-43-74. Repealed by SL 1982, ch 86, § 32
  40. 10-43-75 · 10-43-75. Repealed by SL 1977, ch 96, § 20
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