CHAPTER 35: TAXATION
Section
General Provisions
   35.01   Sales and service tax; purpose and interpretation
   35.02   Sales and service tax; effective date
   35.03   Use tax
   35.04   Collection
   35.05   Special tax rate; lodging, alcoholic beverages, ticketed amusements
   35.06   Discretionary formula; certain new structures and additions
Redevelopment Neighborhoods
   35.20   Purpose
   35.21   Classification
   35.22   Procedure
   35.23   Standards
   35.24   Assessed valuations formula
   35.25   Designated areas
   35.26   Discretionary formula
 
   35.99   Penalty
GENERAL PROVISIONS
§ 35.01 SALES AND SERVICE TAX; PURPOSE AND INTERPRETATION.
   (A)   Purpose. The purpose of this subchapter is to provide additional needed revenue for the city by imposing a municipal retail sales and use tax pursuant to the powers granted to the municipality by SDCL § 10-52-1, entitled Uniform Municipal Non-Ad Valorem Tax Law, and acts amendatory thereunto.
   (B)   Interpretation. It is declared to be the intention of this subchapter and the taxes levied hereunder that the same shall be interpreted and construed in the same manner as all sections of the state’s Retail Occupational Sales and Service Act, SDCL § 10-45, and acts amendatory thereto, and the state’s Use Tax, SDCL § 10-46, and acts amendatory thereto, and that this shall be considered a similar tax exempt for the same rate thereof to that tax.
(Ord. 558, passed 8-11-2003; Res. 03-08-05, passed 8-11-2003) Penalty, see § 35.99
§ 35.02 SALES AND SERVICE TAX; EFFECTIVE DATE.
   Effective date and enactment of tax. From and after January 1, 2006, there is hereby imposed as a municipal retail occupational sales and service tax upon the privilege of engaging in business tax, measured by 2% on the gross receipts of all persons engaged in business within the jurisdiction of the municipality who are subject to the state’s Retail Occupational Sales and Service Tax, SDCL § 10-45, and acts amendatory thereto.
(Ord. 558, passed 8-11-2003; Res. 03-08-05, passed 8-11-2003; Ord. 571, passed 10-17-2005) Penalty, see § 35.99
§ 35.03 USE TAX.
   There is hereby imposed an excise tax on the privilege of use, storage, and consumption within the jurisdiction of the municipality of tangible personal or services purchased from and after January 1, 2004, 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 Tax Act, SDCL § 10-46, and acts amendatory thereto.
(Ord. 558, passed 8-11-2003) Penalty, see § 35.99
§ 35.04 COLLECTION.
   Such tax is levied pursuant to authorization granted by SDCL § 10-52 and acts amendatory thereto, and shall be collected by the state’s Department of Revenue and Regulation in accordance with the same rule and regulations applicable to the state’s Sales Tax and under such additional rules and regulations as the Secretary of Revenue and Regulation of the state shall lawfully prescribe.
(Ord. 558, passed 8-11-2003) Penalty, see § 35.99
Loading...