S.D. Admin. R. 64:06:02:06.02

Current through Register Vol. 51, page 70, December 27, 2024

Section 64:06:02:06.02 - Consignment sales are retail sales

All consignment sales of tangible personal property and any product transferred electronically are sales at retail, and the consignee is a retailer who must collect and remit the tax on all such sales.

S.D. Admin. R. 64:06:02:06.02

22 SDR 6, effective 7/23/1995; 28 SDR 178, effective 7/1/2002; 31 SDR 214, effective 7/6/2005; 35 SDR 48, effective 9/8/2008; 35 SDR 165, effective 12/23/2008.

General Authority: SDCL 10-45-47.1(3), 10-46-35.1(3).

Law Implemented: SDCL 10-45-1(10), 10-45-2, 10-45-2.4.