S.D. Codified Laws § 10-43-25.1

Current through the 2024 Legislative Session

Section 10-43-25.1 - Receipts factor

The receipts factor used in § 10-43-22.1 is a fraction, the numerator of which is the total receipts of the financial institution in the state during the tax period, and the denominator of which is the total receipts of the financial institution everywhere during the tax period.

SDCL 10-43-25.1

SL 1977, ch 96, § 11; SL 2014, ch 61, §5, eff. Jan. 1, 2015.

Amended by S.L. 2014, ch. 61,s. 5, eff. 1/1/2015.