South Dakota Increases Sales & Use Tax Rate

Friday, March 18th, 2016

 
 
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South Dakota
General

The South Dakota Legislature passed a bill to increase the sales tax, use tax, excise tax on farm machinery, and amusement device tax.

Beginning June 1, 2016, a 4.5% tax will apply to sales of tangible personal property and services. The tax rate is currently 4%.

http://legis.sd.gov/Legislative_Session/Bills/Bill.aspx?File=HB1182P.htm&Session=2016


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Transaction (buying or selling things), Tax (the tax on this activity), Resources (our people, our website, our support services) - TTR, Inc.

TTR has a website that companies subscribe to and use daily. This website provides a list of everything that can be bought or sold in the U.S. It provides simple answers to whether buying or selling these items is taxable (subject to a sales tax or other tax), and it provides all the legal authority to support these tax answers.

TTR likes to keep things simple and fun, which is why it has great people who provide help to clients on any support questions they have about transaction tax issues.

Please visit TTR on the web at www.ttrus.com or call 866.578.8193.

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