VATupdate

Share this post on

Temporary reduction in sales tax rate (South Dakota)

South Dakota: Recently enacted legislation temporarily (until June 30, 2027) reduced the gross receipts tax rate to 4.2% (from 4.5%), effective July 1, 2023. The gross receipts tax is South Dakota’s sales tax equivalent.

Source: KPMG



Sponsors:

Pincvision

Advertisements:

  • Pincvision
  • iopole