The tax is levied pursuant to authorization granted by SDCL § 10-52, acts amendatory thereto, and SDCL § 10-46A and shall be collected by the State Department of Revenue in accordance with the same rules and regulations applicable to the Realty Improvement Contract Gross Receipts Tax and under additional rules and regulations as the Secretary of Revenue of the state shall lawfully prescribe.
(Prior Code, § 20-202)