In addition, there is hereby imposed an excise tax on the privilege of use, storage, and consumption within the jurisdiction of the town of tangible personal property or services purchased. The tax should be levied at the same rate as the municipal sales and service tax upon all transactions or use, storage, and consumption which are subject to the South Dakota Use Tax Act, SDCL § 10-46, and acts amended thereto.
(2008 Code, § 2.7.3)