There is hereby imposed an excise tax on the privilege of use, storage, and consumption within the jurisdiction of the municipality of tangible personal property or services purchased from and after January 1, 2006, at the same rate as the municipal sales and service tax upon all transactions or use, storage, and consumption, which are subject to the state’s use tax act, SDCL Chapter 10-46
, and acts amendatory thereto.
(Prior Code, § 8-1-3) Penalty, see § 33.99