South Dakota Codified Laws
Chapter 46B - Alternate Realty Improvement Contractor's Excise Tax
Section 10-46B-1.6 - Filing return and remitting tax--Time for filing and remittance--Extension--Penalty for untimely return or remittance.

10-46B-1.6. Filing return and remitting tax--Time for filing and remittance--Extension--Penalty for untimely return or remittance.
Any person who holds a license issued pursuant to this chapter or who is a person whose receipts are subject to the tax imposed by this chapter shall, except as otherwise provided in this section, file a return, and pay any tax due, to the Department of Revenue on or before the twentieth day of the month following each monthly period. The return shall be filed on forms prescribed and furnished by the department.
If the person remits the tax by electronic transfer to the state, the person shall file the return by electronic means on or before the twentieth day of the month following each period and remit the tax on or before the twenty-fifth day of the month following each period.
The secretary may require or allow a person to file a return, and pay any tax due, on a basis other than monthly. The return and remittance is due the twentieth day of the month following the reporting period or at a time otherwise determined by the secretary.
The secretary may grant an extension of not more than five days for filing a return and remittance.
Unless an extension is granted, penalty or interest under §10-59-6 shall be paid if a return or remittance is not made on time.

Source: SL 2007, ch 65, §11; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. 12, 2011; SL 2017, ch 65, §5.

Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 10 - Taxation

Chapter 46B - Alternate Realty Improvement Contractor's Excise Tax

Section 10-46B-1 - Tax imposed on receipts from certain realty improvement contracts--Rate of tax.

Section 10-46B-1.1 - Tax measured on accrual basis.

Section 10-46B-1.2 - Tax paid on cash basis.

Section 10-46B-1.3 - Taxes on receipts of worthless accounts.

Section 10-46B-1.6 - Filing return and remitting tax--Time for filing and remittance--Extension--Penalty for untimely return or remittance.

Section 10-46B-2 - Prime contractors and subcontractors subject to tax.

Section 10-46B-3 - Total contract price as basis of tax.

Section 10-46B-4 - Gross receipts defined--Items not deductible.

Section 10-46B-5 - Improvement without contract taxable when sold within four years after completion--Exceptions--Determination of gross receipts.

Section 10-46B-6 - Administration of tax--Sales tax provisions applicable.

Section 10-46B-7 - Report and payment of tax.

Section 10-46B-9 - Municipal tax on contractors--Rate--Restitution.

Section 10-46B-10 - Contractors may list excise and use taxes as separate line item on contracts and bills.

Section 10-46B-10.1 - Contractor to post excise tax license number with building permit for a realty improvement contract.

Section 10-46B-11 - Personal liability of officers, managers, or partners of entity failing to file returns or pay tax--Security in lieu of liability--Bonded municipal officials exempt.

Section 10-46B-11.1 - Violation of chapter as criminal offense--Classification.

Section 10-46B-12 - Prospective application of increases in tax.

Section 10-46B-13 - Contractor's excise tax license required--Application.

Section 10-46B-14 - Issuance of license--Assignment prohibited.

Section 10-46B-15 - Refusal to issue license for failure to pay tax--Bond.

Section 10-46B-16 - Exemption for floor laying.

Section 10-46B-16.1 - Exemption of repair shops, locksmiths, and locksmith shops.

Section 10-46B-17 - Allocation of certain revenues to water and environment fund.

Section 10-46B-18 - Promulgation of rules.