S.D. Codified Laws § 10-55A-6

Current through the 2024 Legislative Session

Section 10-55A-6 - Credit of overpaid taxes against future taxes-Eligibility for refund

The secretary shall credit any recovery of overpaid taxes against the future taxes of the taxpayer, except:

(1) A taxpayer having no future tax obligations may receive a refund; or

(2) A taxpayer whose recovery credit is not used within one year may receive a refund equal to the amount of recovery credit unused at the end of the one year period.

SDCL 10-55A-6

SL 1982, ch 99, § 6.