Each person severing precious metals shall be given an exemption from the taxes imposed by this chapter for the first twenty ounces of precious metals severed each year.

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Terms Used In South Dakota Codified Laws 10-39-53

  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2

Source: SL 1981, ch 95, § 12; SL 1984, ch 78, § 8.