Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 46 - USE TAX
Section 10-46-15.4 - Exemption of fair market value of property or service given without charge to exempt organization

S.D. Codified Laws § 10-46-15.4

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Current with legislation signed by the governor on or before 3/6/2024
Section 10-46-15.4 - Exemption of fair market value of 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 10-46-15.4

SL 1987, ch 105, § 2; SL 2008, ch 51, § 49.