State Codes and Statutes

Statutes > South-dakota > Title-10 > Chapter-43 > Statute-10-43-25-1

10-43-25.1. Receipts factor. The receipts factor used in § 10-43-22.1 is a fraction, the numerator of which is the total receipts of the financial institution in the state during the tax period, and the denominator of which is the total receipts of the financial institution in all the states of the United States, the District of Columbia, and all territories and political subdivisions thereof.

Source: SL 1977, ch 96, § 11.

State Codes and Statutes

Statutes > South-dakota > Title-10 > Chapter-43 > Statute-10-43-25-1

10-43-25.1. Receipts factor. The receipts factor used in § 10-43-22.1 is a fraction, the numerator of which is the total receipts of the financial institution in the state during the tax period, and the denominator of which is the total receipts of the financial institution in all the states of the United States, the District of Columbia, and all territories and political subdivisions thereof.

Source: SL 1977, ch 96, § 11.