South Dakota – Online Ruling Boosts Sales Tax Revenue

South Dakota has seen an uptick in sales tax revenue following a June 2018 Supreme Court decision that allows it to collect money from online retailers. A new law following that decision , which requires online businesses to pay sales taxes if they conduct at least $100,000 in gross sales in at least 200 transactions in the state, went into effect Nov. 1. Revenue Secretary Jim Terwilliger says business tax licenses issued to out-of-state and online retailers since then have helped South Dakota pocket $15.9 million in tax revenue. The Argus Leader reports that Terwilliger says the ruling was a “landmark decision” in tax administration.

For The Full Story: KTIV

ASSociated Press
July 1, 2019