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South Dakota Codified Laws — Title 10 (Taxation)

SDCL § 10-46B-4

Gross receipts defined--Items not deductible

Official textsdlegislature.gov

For the purpose of this chapter, the term, gross receipts, means the amount received in money, credits, property, or other money's worth in consideration of the performance of realty improvement contracts within this state, without any deduction on account of the cost of the property sold, the cost of materials used, the cost of services or labor purchased, amounts paid for interest or discounts, or any other expenses whatsoever, nor shall any deduction be allowed for losses.

Last amended: Source: SL 1979, ch 84 , § 12J; SDCL Supp, § 10-46A-4 .

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In this chapter (40 sections)
  1. 10-46A-3 · Total contract price as basis of tax--Purchased materials
  2. 10-46A-4 · Gross receipts defined--Items not deductible
  3. 10-46A-5 · Improvement without contract taxable when sold within four…
  4. 10-46A-6 · 10-46A-6. Repealed by SL 1980, ch 100, § 5
  5. 10-46A-7 · Administration of tax--Sales tax provisions applicable
  6. 10-46A-8 · Report and payment of tax
  7. 10-46A-9 · 10-46A-9. Repealed by SL 2017, ch 66, § 2
  8. 10-46A-10 · 10-46A-10. Repealed by SL 1980, ch 100, § 7
  9. 10-46A-11 · Municipal tax on contractors--Rate--Restitution
  10. 10-46A-12 · Contractors may list excise and use taxes as separate line…
  11. 10-46A-13 · Personal liability of officers, managers, or partners of…
  12. 10-46A-14 · Restriction on application of rate increase
  13. 10-46A-15 · Contractor's excise tax license required--Application
  14. 10-46A-16 · Issuance of license--Assignment prohibited
  15. 10-46A-17 · Refusal to issue license for failure to pay tax--Bond
  16. 10-46A-18 · Exemption for floor laying
  17. 10-46A-19 · Promulgation of rules
  18. 10-46B-1 · Tax imposed on receipts from certain realty improvement…
  19. 10-46B-2 · Prime contractors and subcontractors subject to tax
  20. 10-46B-3 · Total contract price as basis of tax
  21. 10-46B-4 · Gross receipts defined--Items not deductible
  22. 10-46B-5 · Improvement without contract taxable when sold within four…
  23. 10-46B-6 · Administration of tax--Sales tax provisions applicable
  24. 10-46B-7 · Report and payment of tax
  25. 10-46B-8 · 10-46B-8. Repealed by SL 2017, ch 66, § 3
  26. 10-46B-9 · Municipal tax on contractors--Rate--Restitution
  27. 10-46B-10 · Contractors may list excise and use taxes as separate line…
  28. 10-46B-11 · Personal liability of officers, managers, or partners of…
  29. 10-46B-12 · Prospective application of increases in tax
  30. 10-46B-13 · Contractor's excise tax license required--Application
  31. 10-46B-14 · Issuance of license--Assignment prohibited
  32. 10-46B-15 · Refusal to issue license for failure to pay tax--Bond
  33. 10-46B-16 · Exemption for floor laying
  34. 10-46B-17 · Allocation of certain revenues to water and environment fund
  35. 10-46B-18 · Promulgation of rules
  36. 10-46C-1 · 10-46C-1. Repealed by SL 2014, ch 63, § 1
  37. 10-46C-2 · 10-46C-2. Repealed by SL 2003, ch 49, § 5
  38. 10-46C-3 · 10-46C-3 to 10-46C-11. Repealed by SL 2014, ch 63, §§ 2 to 10
  39. 10-46D-1 · 10-46D-1 to 10-46D-12. Repealed by SL 2006, ch 57, § 13,…
  40. 10-46E-1 · Gross receipts tax imposed--Farm machinery, attachment…
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