§ 10-46B-1 Tax imposed on receipts from certain realty improvement contracts–Rate of tax
§ 10-46B-1.1 Tax measured on accrual basis
§ 10-46B-1.2 Tax paid on cash basis
§ 10-46B-1.3 Taxes on receipts of worthless accounts
§ 10-46B-1.6 Filing return and remitting tax–Time for filing and remittance–Extension–Penaltyfor untimely return or remittance
§ 10-46B-2 Prime contractors and subcontractors subject to tax
§ 10-46B-3 Total contract price as basis of tax
§ 10-46B-4 Gross receipts defined–Items not deductible
§ 10-46B-5 Improvement without contract taxable when sold within four years after completion–Exceptions–Determination of gross receipts
§ 10-46B-6 Administration of tax–Sales tax provisions applicable
§ 10-46B-7 Report and payment of tax
§ 10-46B-9 Municipal tax on contractors–Rate–Restitution
§ 10-46B-10 Contractors may list excise and use taxes as separate line item on contracts and bills
§ 10-46B-10.1 Contractor to post excise tax license number with building permit for a realtyimprovement contract
§ 10-46B-11 Personal liability of officers, managers, or partners of entity failing to file returns orpay tax–Security in lieu of liability–Bonded municipal officials exempt
§ 10-46B-11.1 Violation of chapter as criminal offense–Classification
§ 10-46B-12 Prospective application of increases in tax
§ 10-46B-13 Contractor’s excise tax license required–Application
§ 10-46B-14 Issuance of license–Assignment prohibited
§ 10-46B-15 Refusal to issue license for failure to pay tax–Bond
§ 10-46B-16 Exemption for floor laying
§ 10-46B-16.1 Exemption of repair shops, locksmiths, and locksmith shops
§ 10-46B-17 Allocation of certain revenues to water and environment fund
§ 10-46B-18 Promulgation of rules
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Terms Used In South Dakota Codified Laws > Title 10 > Chapter 46B - Alternate Realty Improvement Contractor's Excise Tax

  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • 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
  • Precedent: A court decision in an earlier case with facts and law similar to a dispute currently before a court. Precedent will ordinarily govern the decision of a later similar case, unless a party can show that it was wrongly decided or that it differed in some significant way.
  • Property: includes property, real and personal. See South Dakota Codified Laws 2-14-2
  • written: include typewriting and typewritten, printing and printed, except in the case of signatures, and where the words are used by way of contrast to typewriting and printing. See South Dakota Codified Laws 2-14-2