South Dakota Codified Laws 10-46B-1.3. Taxes on receipts of worthless accounts
Current as of: 2023 | Check for updates
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Taxes paid on gross receipts represented by accounts found to be worthless and actually charged off for income tax purposes, may be credited upon a subsequent payment of the tax. If such accounts are thereafter collected by the contractor, the tax shall be paid upon the amount so collected.
Source: SL 1990, ch 93, § 6.