South Dakota Administrative Rules
Title 64 - REVENUE
Article 64:01 - Administration
Chapter 64:01:01 - Administration of department
Section 64:01:01:22 - Use of fedwire in emergencies
Current through Register Vol. 50, page 114, March 25, 2024
Taxpayers who remit tax payments by ETP may use the fedwire method of payment in emergencies. Only the following situations constitute an emergency for the purposes of this section:
(1) A death in the taxpayer's immediate family;
(2) A death of the taxpayer's key personnel;
(3) A natural disaster affecting the taxpayer's business;
(4) Failure of the electronic return system on the twenty-third day of the month; or
(5) Failure of the computer under the control of the Automated Clearing House (ACH) system or the bank participating in ACH electronic funds transfer.
The taxpayer must notify the department in writing of the reason for using a fedwire. The notice may take place concurrently with the use of the fedwire. The taxpayer is responsible for the cost of the use of the fedwire.
General Authority: SDCL 10-45-47.1(2), 10-46-35.1(2), 10-46A-19(2), 10-46B-18(2).
Law Implemented: SDCL 10-59-32.
