South Dakota Codified Laws
Chapter 39 - Mineral Severance Tax
Section 10-39-42 - Definitions.

10-39-42. Definitions.
Terms used in this chapter mean:
(1)"Department," the South Dakota Department of Revenue;
(2)"Precious metals," gold and silver;
(3)"Secretary," the secretary of the South Dakota Department of Revenue;
(4)"Severing," the mining, extracting, or producing of any precious metal.

Source: SL 1981, ch 95, §1; SL 2003, ch 272 (Ex. Ord. 03-1), §82; SL 2008, ch 37, §91; 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 39 - Mineral Severance Tax

Section 10-39-42 - Definitions.

Section 10-39-43 - Severance tax on gold.

Section 10-39-44 - Gross yield and gross production defined.

Section 10-39-45 - Finished value subject to tax--Allocation between processors.

Section 10-39-45.1 - Imposition of tax on net profit--Rate.

Section 10-39-45.2 - Deductions for determining net profit.

Section 10-39-45.3 - Estimated tax--Filing--Payment.

Section 10-39-45.4 - Annual filing--Payment, refund, or application to next estimate.

Section 10-39-45.5 - Annual statement required--Form--Contents.

Section 10-39-45.6 - Delinquency.

Section 10-39-48 - Failure to file statements as misdemeanor--Determination of tax.

Section 10-39-49 - Promulgation of rules.

Section 10-39-50 - Access to taxpayer's records--Violation as misdemeanor.

Section 10-39-51 - Payment under protest--Action for recovery--Repayment--Restraining collection prohibited.

Section 10-39-52 - False statement as felony--Forfeiture.

Section 10-39-53 - Exemption of persons severing small amounts.

Section 10-39-54 - Distribution of proceeds.

Section 10-39-54.1 - Transfer of revenue payable to county.

Section 10-39-54.2 - Impact and economic diversification trust fund--Deposit of county funds therein--Threshold level for allocations.

Section 10-39-54.3 - Allocation of funds by county--Purposes.

Section 10-39-54.4 - Annual accounting by county.

Section 10-39-56 - Tax on owners of royalty or working interests--Withholding and remittance--Exemptions.

Section 10-39-58 - Temporary provisions for severance tax on precious metals--Rate according to value of gross yield.

Section 10-39-59 - Due dates of quarterly payments.

Section 10-39-60 - Temporary tax not additional tax.

Section 10-39-67 - Filing verified estimates--Payment due.

Section 10-39-68 - Additional tax on precious metals--Rate.