2017 South Dakota Codified Laws
Title 10 - TAXATION
Chapter 45 - Retail Sales And Service Tax
§ 10-45-30.1 Cash basis reporting and payment.
10-45-30.1. Cash basis reporting and payment. Notwithstanding other provisions of this chapter, the secretary of revenue shall allow retailers to report and pay sales tax measured by gross receipts upon a cash basis if:
(1) The retailer has not changed his basis in the previous calendar year;
(2) The retailer's records are kept in a manner which may be audited to determine whether sales tax is paid upon all taxable sales;
(3) The retailer has made a written request to the secretary for authority to pay tax on the cash basis; and
(4) Authority to pay tax on the cash basis applies only to sales made after the authority is granted.
Source: SL 1983, ch 85, § 1; SL 2003, ch 272 (Ex. Ord. 03-1), § 82; SL 2011, ch 1 (Ex. Ord. 11-1), § 161, eff. Apr. 12, 2011.
