S.D. Codified Laws § 10-59-22

Current with legislation signed by the governor on or before 3/6/2024

Section 10-59-22 - Determination of amount of tax overpayment by secretary-Recovery credited against future taxes-Exceptions

The secretary shall determine the amount of any tax overpayment recoverable by a taxpayer. The secretary shall credit any recovery of overpaid taxes against the future taxes of the taxpayer, except:

(1) A taxpayer having no future tax obligations may receive a refund; or

(2) A taxpayer whose recovery credit is not used within one year may receive a refund equal to the amount of recovery credit unused at the end of the one-year period.

SDCL 10-59-22

SL 1986, ch 111, § 22; SL 2009, ch 59, § 1.