S.D. Admin. R. 64:75:05:08

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

Section 64:75:05:08 - Purchase price defined

For the purposes of the tax imposed by SDCL 35-5-6.1, purchase price means the total price, valued in money, paid or to be paid for alcoholic beverages F.O.B. point of origin. Freight charges paid by the purchaser after title to the alcoholic beverages passes to the purchaser are not a part of the purchase price.

5 SDR 6, effective 8/6/1978; 13 SDR 129, 13 SDR 134, effective 7/1/1987; 21 SDR 219, effective 7/1/1995; 45 SDR 082, effective 12/18/2018

General Authority: SDCL 35-10-1(10).

Law Implemented: SDCL 35-5-6.1.