SALT Report 3163 – According to the South Dakota Department of Revenue “Beginning January 1, 2014, if you file and pay your sales tax return electronically and on time, you will receive a collection allowance. The filing allowance will be 1.5% of the tax due on the sales tax return, not to exceed $70 for each reporting period. No allowance is provided for contractors’ excise tax returns or for licensees that have any past due return or amount due on their sales tax, contractors’ excise tax, motor fuel tax, or 911 Surcharge account, or if they file or pay by paper.”
The effective date of this legislation is January 1, 2014.
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