SDCL 10-43-2 operative text

1 rule

10-43-2 . Tax imposed on financial institutions. An annual tax is hereby imposed on each financial institution doing business in this state or licensed to do business in this state during any part of its tax year. Source: SL 1939, ch 263, §§ 3, 4; SDC Supp 1960, §§ 57.30A03, 57.30A04; SDCL § 10-43-3 ; SL 1977, ch 96, § 2; SL 2016, ch 62, § 2.

in view

Whole section

Encodings · 1

Encoded from this provision

us-sd/policy/income_tax/2026_resident_zero_liability

sd_pit_2026_business_and_entity_taxes_outside_scopeSD 10 § 43 (2)(operative-text) · derived

South Dakota Department of Revenue, January 2026 Sales and Use Tax Guide

name: sd_pit_2026_business_and_entity_taxes_outside_scope
kind: derived
dtype: Boolean
period: Year
source: South Dakota Department of Revenue, January 2026 Sales and Use Tax Guide
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-sd/statute/10/43/2/operative-text
          excerpt: >-
            An annual tax is hereby imposed on each financial institution doing
            business in this state or licensed to do business in this state
            during any part of its tax year.
      - path: versions[0].formula
        kind: formula
        source:
          corpus_citation_path: us-sd/guidance/revenue/2026/sales-and-use-tax-guide/document-1
          excerpt: >-
            however, businesses may be subject to one or more of the following
            taxes.
versions:
  - effective_from: '2026-01-01'
    formula: true

▸rulespec code

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policies/income_tax

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Rules

sd_pit_2026_business_and_entity_taxes_outside_scope

Derived

source: South Dakota Department of Revenue, January 2026 Sales and Use Tax Guide

- name: sd_pit_2026_business_and_entity_taxes_outside_scope
  kind: derived
  dtype: Boolean
  period: Year
  source: South Dakota Department of Revenue, January 2026 Sales and Use Tax Guide
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-sd/statute/10/43/2/operative-text
            excerpt: >-
              An annual tax is hereby imposed on each financial institution doing business in this
              state or licensed to do business in this state during any part of its tax year.
        - path: versions[0].formula
          kind: formula
          source:
            corpus_citation_path: us-sd/guidance/revenue/2026/sales-and-use-tax-guide/document-1
            excerpt: however, businesses may be subject to one or more of the following taxes.
  versions:
    - effective_from: '2026-01-01'
      formula: true

▸citations (2)

References

This rule cites 2 other rules.

SD 10 § 57.30A03inferredSD › Statutes › Title 10 › § 57.30A03
SD 10 § 10-43-3inferredSD › Statutes › Title 10 › § 10-43-3

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