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South Dakota Form 1024: What You Should Know
Jurisdiction of Minnesota β Minnesota Department of Revenue An explanation of State of Minnesota Sales and Use Tax exemptions and other sales and use tax information for the State of Minnesota. Includes sales and use tax exemptions, sales and use South Dakota Sales and Use Tax South Dakota sales tax rates and exemptions are described in Chapter 11, Section 1 of the Property Tax Code, Title 18, Section 11-2-0. South Dakota Sales and Use Tax Rates South Dakota's sales and use tax rates, sales (noncommercial) personal property tax and excise tax rates in effect June 30, 2017. Tribal Tax Exemptions and Deductions A table illustrating tribal exemption and deduction amounts under Article 30 of the Indian Self-Determination and Education Assistance Act. Tribal Exemptions and Deductions β Indian Nation Property Income Taxes South Dakota uses the state income tax rate of 3.0 percent. Sales South Dakota's sales tax rate is 3.0 percent. Businesses selling more than 500,000 in combined gross receipts (including both a physical store and a digital inventory) within a calendar year are subject to all the tax rates listed in the table above. Excise Taxes South Dakota's general excise tax rate is 5.7 percent. Sales Tax Exceptions Any sale transaction exempt from the general state sales (noncommercial, gross receipts) personal property tax does not include: β Sale of tangible personal property and property other than tangible personal property; or β Sale of non-food commodities. Sales and Use Tax Rates and Rates on Personal Property Excise: 4.0 percent β All vehicles, appliances and other tangible personal property Sales: 1.8 percent β All sales of motor vehicles, motorcycles, electric bikes, snowmobiles, etc. Use: 7.5 percent β Retail food services or retail food service establishments Tribal: 5.4 percent β Sales of any tangible personal property in amounts and amount amounts equal to or less than 500; and 8.0 percent β All other sales in amounts equal to or greater than 500 (but not greater than 5,000). Sales and Use Tax Relief: Sales Tax Exemption South Dakota offers four types of sales and use tax reliefs: Sales Tax Exemption South Dakota has various types of sales and use tax exemptions.
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