South Dakota DOR Releases Contractor’s Excise Tax Guide

The South Dakota Department of Revenue (DOR) July 1 released the contractor excise tax guide. The guide provides information on the tax obligations for contractors engaged in construction services or realty improvement projects in South Dakota, including the types of projects subject to the tax, tax rates, and record-keeping requirements. [S.D. Dep’t of Revenue, Contractor’s Excise Tax Guide, 07/01/24]

This story was produced by Bloomberg Tax Automation, and edited by Bloomberg Tax staff.