South Dakota Codified Laws — Title 10 (Taxation)
SDCL § 10-44-8
Exemption of taxpayer from other taxes
Official textsdlegislature.gov
Each company required to pay a tax under this chapter is exempt from all other taxes, state and local, except taxes upon real property as may be owned by the company and the retail sales tax and the use tax on tangible personal property and any product transferred electronically. An insurance policy or annuity contract is considered intangible personal property for the purposes of this section.
Source: view the official text
In this chapter (12 sections)
- 10-44-1 · Definition of terms
- 10-44-2 · Tax levied on premiums and consideration for annuities--Time…
- 10-44-3 · Farm mutual insurers and fraternal benefit societies exempt…
- 10-44-4 · Tax credit for principal office or regional home office
- 10-44-5 · Functions of regional home office and principal office--Rules
- 10-44-6 · Proof of maintenance of principal office or regional home…
- 10-44-7 · Payment required for certificate permitting continuance in…
- 10-44-8 · Exemption of taxpayer from other taxes
- 10-44-9 · Additional tax levied on fire insurance premiums
- 10-44-10 · 10-44-10 to 10-44-14. Repealed by SL 1977, ch 98, § 8
- 10-44-15 · Payment of fire insurance tax proceeds into firemen's…
- 10-44-16 · Penalty on unpaid taxes and installments--Refunds