Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 45 - RETAIL SALES AND SERVICE TAX
Section 10-45-1.2 - Gross receipts not to include refunded sale price of property

S.D. Codified Laws § 10-45-1.2

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Current with legislation signed by the governor on or before 3/6/2024
Section 10-45-1.2 - Gross receipts not to include refunded sale price of property

For purposes of the tax imposed by this chapter, the sale price of property returned by customers are not gross receipts if the full sale price thereof is refunded either in cash or by credit.

SDCL 10-45-1.2

SL 2002, ch 64, § 15.