TaxByte 2016-12


South Dakota Sends Notices to Remote Sellers Concerning New Tax Law

SB 106, signed into law on March 22, 2016, requires remote sellers with no physical location in South Dakota to remit sales tax and follow all procedures of the law, as if they have a presence in the state, if they meet one of two criteria in the previous calendar year or the current calendar year.

  1. The remote seller's gross revenue of sale of tangible property, any products transferred electronically, or services delivered into South Dakota exceeds $100,000
  2. The remote seller has 200 or more separate transactions tangible property, any products transferred electronically, or services delivered into South Dakota.

The new law is effective on May 1, 2016.

More information can be found at:   http://dor.sd.gov/Taxes/Business_Taxes/SB106.aspx