10-37-3. Annual statement required of pipeline companies--Date of filing--Contents.
Any pipeline company having lines in this state shall annually, on or before April fifteenth of each year, make out and deliver to the Department of Revenue a statement, verified by the oath of an officer or agent of such pipeline company making such statement, showing in detail for the year ended December thirty-first next preceding:
(1)The name of the company;
(2)The nature of the company, whether a person or persons, an association, copartnership, corporation or syndicate, and under the laws of what state organized;
(3)The location of its principal office or place of business;
(4)The name and post office address of the president, secretary, auditor, treasurer, and superintendent or general manager;
(5)The name and post office address of the chief officer or managing agent in this state;
(6)The whole number of miles of pipeline owned, operated, or leased within the state, including a classification of the size, kind, and weight thereof, separated, so as to show the mileage in each county, and each lesser taxing district;
(7)A full and complete statement of the cost and actual present value of all buildings of every description owned by said pipeline company within the state and each lesser taxing district, not otherwise assessed;
(8)The number, location, size, and cost of each pressure pump or station;
(9)Any and all other property owned by said pipeline company within the state which property shall be classified and scheduled in such a manner as the secretary of revenue may by rule promulgated pursuant to chapter 1-26 require;
(10)The gross earnings of the entire company, and the gross earnings on business done within this state;
(11)The operating expenses of the entire company and the operating expenses within this state; and
(12)The net earnings of the entire company and the net earnings within this state.
Source: SL 1947, ch 413, §3; SDC Supp 1960, §57.19A03; SL 1987, ch 82, §12; SL 2003, ch 272 (Ex. Ord. 03-1), §82; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. 12, 2011.
Structure South Dakota Codified Laws
Chapter 37 - Taxation Of Pipeline Companies
Section 10-37-1 - Common carriers subject to tax.
Section 10-37-2 - Pipeline company defined.
Section 10-37-3 - Annual statement required of pipeline companies--Date of filing--Contents.
Section 10-37-4 - Statement required annually as to real estate owned or used.
Section 10-37-5 - Additional information required by secretary.
Section 10-37-6 - Accounting rules prescribed by department.
Section 10-37-8 - Property subject to assessment--Earnings and other evidence considered.
Section 10-37-9.1 - Determining fair market value of pipeline company property.
Section 10-37-12 - Assessment of private pipelines--Annual statement by owner.
Section 10-37-14 - Local assessment of oil company property other than pipelines.
Section 10-37-15 - Collection of delinquent taxes--Action in circuit court.
Section 10-37-16 - Exemption of gas companies otherwise taxed.