South Dakota Codified Laws
Chapter 37 - Taxation Of Pipeline Companies
Section 10-37-6 - Accounting rules prescribed by department.

10-37-6. Accounting rules prescribed by department.
The secretary of revenue may promulgate rules concerning the keeping of accounts by the pipeline companies doing business or having property in this state to ensure the accurate division of the accounts and the information to be reported and uniformity in reporting to the Department of Revenue.

Source: SL 1947, ch 413, §5; SDC Supp 1960, §57.19A05; SL 1987, ch 82, §13; 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

South Dakota Codified Laws

Title 10 - Taxation

Chapter 37 - Taxation Of Pipeline Companies

Section 10-37-1 - Common carriers subject to tax.

Section 10-37-2 - Pipeline company defined.

Section 10-37-2.1 - Classification for taxation purposes of property used for transporting water by pipelines for carrying energy, minerals or production of synthetic fuels--Property used to deliver water for domestic or municipal use exempt from tax...

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 10-37-7 - Information used by department on failure of company to file valid report--Penalty addition to valuation.

Section 10-37-8 - Property subject to assessment--Earnings and other evidence considered.

Section 10-37-9 - Determination and transmittal to county auditors of property valuations within taxing districts--Taxation as other property.

Section 10-37-9.1 - Determining fair market value of pipeline company property.

Section 10-37-10 - County commissioners' allocation of assessed valuation to taxing districts--Notice to company.

Section 10-37-11 - Map of lines filed with county auditor--Use in allocating valuation to taxing districts.

Section 10-37-12 - Assessment of private pipelines--Annual statement by owner.

Section 10-37-13 - Determination and transmittal to county auditors of private pipeline assessments within taxing districts--Taxation as other property.

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.