S.D. Admin. R. 64:26:02:07

Current through Register Vol. 51, page 67, December 16, 2024
Section 64:26:02:07 - Consolidated returns

The secretary shall demand a consolidated return when it is established that a taxpayer has engaged in non-arm's length transactions which cause a material distortion in net income.

S.D. Admin. R. 64:26:02:07

4 SDR 35, effective 12/22/1977; 13 SDR 129, 13 SDR 134, effective 7/1/1987.

General Authority: SDCL 10-43-42.1.

Law Implemented: SDCL 10-43-36.