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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-43-5

Income tax in lieu of other taxes

Official textsdlegislature.gov

The tax referred to in this chapter is in lieu of all other taxes, state, county, and local, except taxes upon the institutions' real property, taxes upon the institutions' leased sites, taxes upon tangible personal property and products transferred electronically not normally used in extension of credit or acceptance of deposits and the retail sales tax or the use tax on tangible personal property and any product transferred electronically. However, tangible personal property and any product transferred electronically acquired by the financial institution through a foreclosure proceeding are exempt from such other taxes.

Last amended: Source: SL 1939, ch 263 , §§ 8, 10; SL 1943, ch 300 ; SDC Supp 1960, §§ 57.30A08, 57.30A10; SL 1977, ch 96 , § 3; SL 1983, ch 356 , § 6; SL 2008, ch 37 , § 102; SL 2008, ch 51 , § 68; SL 2016, ch 62 , § 5.

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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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1978, ch 83, § 3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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 2016, ch 62, §§ 12, 13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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1978, ch 83, § 4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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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 Repealed by SL 1977, ch 96, § 20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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