{"data":{"id":"us-sd/sdcl-10-46a-1.3","jurisdiction":"us-sd","citation":"SDCL § 10-46A-1.3","heading":"Tax measured by gross receipts upon accrual basis.","body":"The secretary of revenue shall allow contractors to report and pay contractor's excise tax measured by gross receipts upon an accrual basis if:\n(1) The contractor has not changed his basis in the previous calendar year;\n(2) The contractor's records are kept in a manner which may be audited to determine whether contractor's excise tax and use tax are paid for all realty improvement contracts;\n(3) The contractor has made a written request to the secretary of revenue for authority to pay tax on the accrual basis; and\n(4) Authority to pay tax on the accrual basis applies only to realty improvement contracts commencing after the authority is granted.","path":["TITLE 10. TAXATION","CHAPTER 10-46A. REALTY IMPROVEMENT CONTRACTOR'S EXCISE TAX"],"source_url":"https://sdlegislature.gov/Statutes/10-46A-1.3","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"a3fe1c3164cf9b7648a8723591cf33dc7f9356211a8fdb98c1622c3eda33a7eb","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-10-46a-1.2","next":"us-sd/sdcl-10-46a-1.4"},"notice":"GroundRules: Original legal text. Not legal advice."}