S.D. Admin. R. 64:06:01:07.02

Current through Register Vol. 50, page 159, June 17, 2024

Section 64:06:01:07.02 - Requirements for statewide tax permit

The department may only issue a statewide tax permit to businesses with identical ownership, the same federal identification number, the same Standard Industrial Classification number, and the same license type. The department may issue a statewide tax permit to businesses with different Standard Industrial Classification numbers if all the other requirements are met and the products or services being sold are the same even though the Standard Industrial Classification numbers are different. Any business requesting a statewide tax permit must maintain records that clearly show gross receipts, deductions, and municipal and tourism sales for each location reported under the statewide permit. Such records shall be stored and available at one location.

27 SDR 9, effective 8/7/2000; 28 SDR 69, effective 11/21/2001; 28 SDR 178, effective 7/1/2002; 32 SDR 225, effective 7/3/2006.

General Authority: SDCL 10-45-47.1(1)(4), 10-45D-13(1), 10-46E-11(1), 10-52A-7(1).

Law Implemented: SDCL 10-45-24, 10-45D-12, 10-46E-8, 10-52A-6.