Investor Presentaiton

TABLE OF CONTENTS Tax Basics.. 4 Sales Tax... .5 Remote Sellers .5 Marketplace Providers. .6 Use Tax.. .6 Gross Receipts.. .7 Municipal Tax. Tourism Tax.. .8 Motor Vehicle Lease and Rentals.. .9 Wireless Gross Receipts Tax.. .9 911 Emergency Surcharge.... 10 Sales and Use Tax on ONLINE RESOURCES Tax License Application: Apply online for the following types of tax licenses: Contractor's Excise, Manufacturer, Sales, Use, Wholesaler, and all Motor Fuel tax types. Apply online at https://apps.sd.gov/rv23cedar/ main/main.aspx. EPath: File and pay Sales, Use, and Contractor's Excise Taxes, 911 Surcharges and certain Motor Fuel taxes online. Find EPath at https:// sd.gov/EPath. Sales Tax Rate Lookup: A tool to look up state and municipal sales or use tax rates for any location within South Dakota. Visit the Online Services at https://dor.sd.gov/online-services/. Business Education: Go to https://dor.sd.gov to register for a seminar. Tax Facts: Publications to help you better understand the tax obligations for specific industries. To view tax facts, visit https:// sddor.seamlessdocs.com/sc/publications-tax-facts/. Remote Sellers and Marketplace Providers: For updates on how South Dakota's remote seller land marketplace provider laws affect you, visit https://dor.sd.gov/businesses/taxes/sales-use-tax/#and. Streamlined Sales Tax: Obtain sales tax licensing with multiple states through the Streamlined system at https://www.streamlinedsalestax.org. CONTACT US Indian Country. 10 Exemptions 11-13 Tax License Changes 13 File and Pay Your Tax Return 14 Accounting Methods 15 Record Keeping 15 Audits and Review............. 16 Call toll-free: 1-800-829-9188 Taxpayer's Bill of Rights. 16 Collections....... 17 E-file: https://sd.gov/EPath Sales and Use Tax Return ..... 18 If you have any questions, please contact the South Dakota Department of Revenue. Business Tax Division Email: [email protected] Website: https://dor.sd.gov/ Mailing address and office location: South Dakota Department of Revenue 445 East Capitol Ave Pierre, SD 57501 Aberdeen Office P.O. Box 4730 Aberdeen, SD 57402 420 S Roosevelt St Aberdeen, SD 57401 Sioux Falls Office 300 South Sycamore Avenue, Suite 102 Sioux Falls, SD 57110 Mitchell Office 417 North Main, Suite 112 Mitchell, SD 57301 Watertown Office 715 South Maple Watertown, SD 57201 Rapid City Office 1520 Haines Avenue, Suite 3 Rapid City, SD 57701 Yankton Office 1900 Summit Street Yankton, SD 57078 South Dakota Department of Revenue • Sales and Use Tax Guide • January 2022 • 3

View entire presentation