3.16.050  Excise tax imposed–Rate.
   From and after the date of implementation provided for, pursuant to SDCL Chapter 10-52, there is imposed an excise tax on the privilege of use, storage and consumption of items of tangible personal property or services purchased within the jurisdiction of the city, at the same rate as the municipal sales and service tax as established in § 3.16.010 of the Rapid City Municipal Code upon all transactions or use, storage and consumption which are subject to the South Dakota Use Tax Act, SDCL Chapter 10-46, and acts amendatory thereto.
(Ord. 6018 (part), 2014: Ord. 3960 (part), 2003: prior code § 2-2(i))