South Dakota · Through 2026-08-31 · Newer source version available

SDCL § 10-43-23.2: Valuation of property owned or rented--Net annual rental rate.

Where this section sits in the code

TITLE 10. TAXATION
CHAPTER 10-43. INCOME TAX ON BANKS AND FINANCIAL CORPORATIONS

Property owned by the financial institution is valued at its original cost. Property rented by the financial institution is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental received by the financial institution from subrentals.

Collected 2026-09-03T15:18:56Z. Source file · JSON

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