South Dakota Codified Laws
Chapter 46B - Alternate Realty Improvement Contractor's Excise Tax
Section 10-46B-2 - Prime contractors and subcontractors subject to tax.

10-46B-2. Prime contractors and subcontractors subject to tax.
Prime contractors and subcontractors subject to the tax imposed by §10-46B-1 include without limitation those enumerated in the Standard Industrial Classification Manual of 1987 as prepared by the Statistical Policy Division of the Office of Management and Budget, Office of the President: construction (division c). If a contractor engages in services not specifically listed in division c of the Standard Industrial Classification Manual, 1987, then the services must entail the construction, building, installation, or repair of a fixture to realty before the gross receipts are subject to the tax imposed by §10-46B-1.

Source: SL 1979, ch 84, §§12B, 12D; SL 1980, ch 100, §2; SDCL Supp, §10-46A-2; SL 1988, ch 108, §8; SL 1993, ch 101, §3.

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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.