There is a newer version of the South Dakota Codified Laws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
§10-43-50 Time of examination of return and determination of tax by secretary--Payment of excess found due.
SD Codified L § 10-43-50 (through 2011) What's This?
10-43-50. Time of examination of return and determination of tax by secretary--Payment of excess found due. As soon as practicable and in any event within three years after the return is filed, the secretary of revenue shall examine it and determine the correct amount of tax, and the amount so determined by the secretary is the tax. If the tax found due is greater than the amount previously paid, the excess, together with interest and penalty as provided in § 10-59-6 shall be paid by the taxpayer within ten days after the secretary gives notice to the taxpayer by registered or certified mail.
Source: SDC 1939, § 57.2803 (1); SL 1983, ch 83, § 1; SL 1986, ch 111, § 35; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.
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