Statutes, codes, and regulations
South Dakota Codified Laws
Title 10 - TAXATION
Chapter 46B - ALTERNATE REALTY IMPROVEMENT CONTRACTOR'S EXCISE TAX
Section 10-46B-2 - Prime contractors and subcontractors subject to tax

S.D. Codified Laws § 10-46B-2

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Current through the 2024 Legislative Session
Section 10-46B-2 - Prime contractors and subcontractors subject to tax

Prime contractors and subcontractors subject to the tax imposed by § 10-46B-1 include without limitation those enumerated in the Standard Industrial Classification Manual of 1987 as prepared by the Statistical Policy Division of the Office of Management and Budget, Office of the President: construction (division c). If a contractor engages in services not specifically listed in division c of the Standard Industrial Classification Manual, 1987, then the services must entail the construction, building, installation, or repair of a fixture to realty before the gross receipts are subject to the tax imposed by § 10-46B-1.

SDCL 10-46B-2

SL 1979, ch 84, §§ 12B, 12D; SL 1980, ch 100, § 2; SDCL Supp, § 10-46A-2; SL 1988, ch 108, § 8; SL 1993, ch 101, § 3.