S.D. Admin. R. 64:27:01:15

Current through Register Vol. 51, page 67, December 16, 2024

Section 64:27:01:15 - Leasing expenditures deductible

Cost of leasing or renting property for the purpose of extracting minerals or mineral products is deductible as a cost of extraction.

S.D. Admin. R. 64:27:01:15

2 SDR 21, effective 9/18/1975; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 21 SDR 219, effective 7/1/1995.

General Authority: SDCL 10-39-49.

Law Implemented: SDCL 10-39-45.2(1).