Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 45 - RETAIL SALES AND SERVICE TAX
Section 10-45-13.2 - Exemption of fair market value of personal property or service given without charge to exempt organization

S.D. Codified Laws § 10-45-13.2

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Current through the 2024 Legislative Session
Section 10-45-13.2 - Exemption of fair market value of personal property or service given without charge to exempt organization

There are specifically exempted from the provisions of this chapter and the computation of the tax imposed by it, the fair market value of any tangible personal property, product transferred electronically, or service given without charge to an institution, organization, or group exempt from the tax imposed by this chapter.

SDCL 10-45-13.2

SL 1987, ch 105, § 1; SL 2008, ch 51, § 19.