{"data":{"id":"us-sd/sdcl-10-46e-1--2","jurisdiction":"us-sd","citation":"SDCL § 10-46E-1","heading":"Gross receipts tax imposed--Farm machinery, attachment units, and irrigation equipment--Sale, resale, or lease--Rate--Trade-ins.","body":"There is hereby imposed an excise tax of four and one-half percent on the gross receipts from the sale, resale, or lease of farm machinery, attachment units, and irrigation equipment used exclusively for agricultural purposes. However, if any trade-in or exchange of used farm machinery, attachment units, and irrigation equipment is involved in the transaction, the excise tax is only due and may only be collected on the cash difference.","path":["TITLE 10. TAXATION","CHAPTER 10-46E. EXCISE TAX ON FARM MACHINERY, FARM ATTACHMENT UNITS, AND IRRIGATION EQUIPMENT"],"source_url":"https://sdlegislature.gov/Statutes/10-46E-1","current_through":"2026-08-31","vintage":"","retrieved_at":"2026-09-03T15:18:56Z","sha256":"d60deae7f20d8bab8aeffe4f78af862b223596b4bd4b2810a7d240a518b9a488","source_id":"us-sd","stale":true,"prev":"us-sd/sdcl-10-46e-1","next":"us-sd/sdcl-10-46e-2"},"notice":"GroundRules: Original legal text. Not legal advice."}