S.D. Admin. R. 64:27:01:01.01
Current through Register Vol. 51, page 67, December 16, 2024
Gross yields are all gains, incomes, receipts, and profits derived from the sale of minerals and mineral products produced in South Dakota. All amounts shall be included in the gross yields of the tax year in which they are received or accrued by the taxpayer. Gross yields shall be determined at the point of ultimate sale of the mineral or mineral product by the producer of that product.
S.D. Admin. R. 64:27:01:01.01
General Authority: SDCL 10-39-49.
Law Implemented: SDCL 10-39-42, 10-39-44.