- South Dakota State Supreme Court upheld the assessment of use tax on construction equipment purchased out-of-state and brought into South Dakota
- Taxpayer challenged the constitutionality of the assessment, claiming it was unreasonable for equipment used in the state for a short time only
- Court disagreed, stating taxpayer enjoyed the same benefits as any other person or business in the state
- Taxpayer paid use tax on equipment not subject to sales or use tax in another state
- Taxpayer can bring equipment back to work on jobs in South Dakota without being subject to additional use tax.
Source: kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "United States"
- Indiana DOR Grants Sales Tax Refund After Sustaining Taxpayer’s Protest and Evidence Submission
- Missouri Eliminates Sales Tax on Essential Hygiene Products, Benefiting Families Statewide
- Colorado DOR Clarifies Bakery Goods Sales Tax Exemption for Home Consumption Purchases
- Understanding the Complexities of Sales Tax on Vitamins and Supplements Across States
- Streamlined Sales Tax: Weighing Benefits and Risks for E-commerce Businesses
