Gross receipts not to include late charge fees.

  1. Law
  2. South Dakota Codified Laws
  3. Taxation
  4. Retail Sales And Service Tax
  5. Gross receipts not to include late charge fees.

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10-45-1.1. Gross receipts not to include late charge fees.

For purposes of the tax imposed by this chapter, gross receipts do not include any fees or other interest imposed by a retailer for late charges on overdue accounts, no account, or nonsufficient funds checks.

Source: SL 2002, ch 64, §14.


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