New municipal tax changes effective July 1

New municipal tax changes effective July 1
Beginning July 1, eight South Dakota communities will implement new municipal taxes or update their current city taxes.

The municipal tax changes that will take effect next month include:

  • Corsica is imposing a 1 percent municipal gross receipts tax on alcoholic beverages, admissions, eating establishments, and lodging accommodations. The community's 2 percent general sales tax and use tax rate remains unchanged.

  • Hayti is increasing its general sales and use tax rate from 1 percent to 2 percent.
  • Lesterville is implementing a 1 percent general sales tax and use tax rate.
  • Pickstown is increasing its general sales and use tax rate from 1 percent to 2 percent.
  • Pierre is increasing its general sales and use tax rate from 1.8 percent to 2 percent. The city also has a 1 percent municipal gross receipts tax on alcoholic beverages, admissions, eating establishments, and lodging accommodations.
  • Presho is increasing its general sales tax rate from 1 percent to 2 percent.
  • Tyndall is increasing its general sales tax rate from 1 percent to 2 percent.
  • Viborg is imposing a 1 percent municipal gross receipts tax on alcoholic beverages, admissions, eating establishments and lodging accommodations. The community's 2 percent general sales tax and use tax remains the same.

    The South Dakota Department of Revenue and Regulation has Municipal Tax Information Bulletins available listing all municipal sales and use tax rules statewide as well as information on tribal sales, use and excise taxes. Updated bulletins are free of charge and available after July 1 by contacting the Department of Revenue and Regulation at 1-800-TAX-9188 (1-800-829-9188) or download a copy from the Department's website at www.state.sd.us.drr.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>