New municipal tax changes effective Jan. 1

Beginning Jan. 1, 2012, five 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:

  •  Bruce is imposing a 1 percent general sales and use tax rate
  •  Camp Crook is imposing a 1 percent general sales and use tax rate
  •  Frankfort is imposing a 1 percent general sales and use tax rate
  •  Oldham is imposing a 2 percent general sales and use tax rate
  • Irene is imposing a 1 percent gross receipts tax on alcoholic beverages, lodging, eating establishments, and admissions to places of amusement, cultural and athletic events. This tax is in addition to their 2 percent general sales tax rate.

The South Dakota Department of Revenue has Municipal Tax Information Bulletins available listing all municipal sales and use tax rates statewide as well as information on tribal sales, use and excise taxes.  Updated bulletins are free of charge and available after January 1, 2012, by contacting the Department of Revenue at 1-800-TAX-9188 (1-800-829-9188) or download a copy from the Department's website at www.state.sd.us/drr  by selecting "Business Tax" followed by "Publications."

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