South Dakota Administrative Rules
Title 64 - REVENUE
Article 64:01 - Administration
Chapter 64:01:01 - Administration of department
Section 64:01:01:29 - New facilities refund or delay in payment - Commencement of project
Current through Register Vol. 50, page 114, March 25, 2024
For purposes of qualifying for a refund or delay in payment of tax under SDCL chapter 10-45, chapter 10-45 B, chapter 10-46 C, or SDCL 49-34A-80 to 49-34A-92, inclusive, commencement of the project means:
(1) The first date earth is excavated for the purposes of constructing a project in the case of new construction or the expansion of an existing building or structure;
(2) The beginning of modification or preparation of an existing facility for installation of production equipment; or
(3) The delivery of production equipment to the purchaser if prior preparation is not required.
General Authority: SDCL 10-45-47.1(3), 10-45-103, 10-45B-12, 10-46-35.1(3), 10-46C-8(3), 49-34A-92.
Law Implemented: SDCL 10-45-103, 10-45B-6, 10-46C-6, 49-34A-80, 49-34A-81, 49-34A-86.