Statutes > South Dakota Statutes > Title 10 - TAXATION > Chapter 46A - Realty Improvement Contractor's Excise Tax > Section 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rateof tax.

Section 10-46A-1 - Tax imposed on prime contractor's receipts from realty improvement contracts--Rateof tax.

10-46A-1. Tax imposed on prime contractor's receipts from realty improvement contracts--Rate of tax. There is imposed an excise tax upon the gross receipts of all prime contractors engaged in realty improvement contracts, at the rate of two percent.

Source: SL 1979, ch 84, § 12A; SL 1980, ch 100, § 1; SL 1984, ch 92, §§ 1, 1A; SL 1985, ch 92.