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

SDCL § 10-43-25.6: Receipts from securities used to maintain reserves against deposits included in numerator.

Where this section sits in the code

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

Notwithstanding the provisions of § 10-43-25.5, receipts from securities used to maintain reserves against deposits to meet federal and state reserve requirements shall be included in the numerator specified in § 10-43-25.1 based on the ratio that the deposits in South Dakota bear to total deposits everywhere during the tax period.

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

Browse this collection