There is a newer version of the South Dakota Codified Laws
2011 South Dakota Code
Title 10 TAXATION
Chapter 43. Income Tax On Banks And Financial Corporations
§10-43-23.1 Property factor.
SD Codified L § 10-43-23.1 (through 2011) What's This?
10-43-23.1. Property factor. The property factor used in § 10-43-22.1 is a fraction, the numerator of which is the average value of the financial institution's real and tangible property owned or rented and used in this state during the tax period and the denominator of which is the average value of all the financial institution's real and tangible personal property owned or rented and used during the tax period in all the states of the United States, the District of Columbia, and any territory or political subdivision thereof.
Source: SL 1977, ch 96, § 6.
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