S.D. Admin. R. 64:06:01:43

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

Section 64:06:01:43 - Sales by loan or finance companies

Companies who repossess or acquire tangible personal property or any product transferred electronically in connection with their loan or finance business and who sell such property at retail are required to pay sales tax on the receipts.

S.D. Admin. R. 64:06:01:43

SL 1975, ch 16, § 1; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 21 SDR 219, effective 7/1/1995; 35 SDR 48, effective 9/8/2008.

General Authority: SDCL 10-45-47.1(3).

Law Implemented: SDCL 10-45-2, 10-45.2.4.