§ 10-37-1 Common carriers subject to tax
§ 10-37-2 Pipeline company defined
§ 10-37-2.1 Classification for taxation purposes of property used for transporting water by pipelines for carrying energy, minerals or production of synthetic fuels–Property used to deliver water for domestic or municipal use exempt from taxation
§ 10-37-3 Annual statement required of pipeline companies–Date of filing–Contents
§ 10-37-4 Statement required annually as to real estate owned or used
§ 10-37-5 Additional information required by secretary
§ 10-37-6 Accounting rules prescribed by department
§ 10-37-7 Information used by department on failure of company to file valid report–Penalty addition to valuation
§ 10-37-8 Property subject to assessment–Earnings and other evidence considered
§ 10-37-9 Determination and transmittal to county auditors of property valuations within taxing districts–Taxation as other property
§ 10-37-9.1 Determining fair market value of pipeline company property
§ 10-37-10 County commissioners’ allocation of assessed valuation to taxing districts–Notice to company
§ 10-37-11 Map of lines filed with county auditor–Use in allocating valuation to taxing districts
§ 10-37-12 Assessment of private pipelines–Annual statement by owner
§ 10-37-13 Determination and transmittal to county auditors of private pipeline assessments within taxing districts–Taxation as other property
§ 10-37-14 Local assessment of oil company property other than pipelines
§ 10-37-15 Collection of delinquent taxes–Action in circuit court
§ 10-37-16 Exemption of gas companies otherwise taxed
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Terms Used In South Dakota Codified Laws > Title 10 > Chapter 37 - Taxation of Pipeline Companies

  • Appraisal: A determination of property value.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Person: includes natural persons, partnerships, associations, cooperative corporations, limited liability companies, and corporations. See South Dakota Codified Laws 2-14-2
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2