South Dakota Administrative Rules
Title 64 - REVENUE
Article 64:27 - Mineral tax
Chapter 64:27:01 - Mines and mining
Section 64:27:01:02 - Method of accounting
Universal Citation: SD Admin Rules 64:27:01:02
Current through Register Vol. 50, page 114, March 25, 2024
The method of accounting shall be that method normally used by the taxpayer in the ordinary course of business if it accurately reflects the taxpayer's income for the taxable year. The taxpayer may not change the method of accounting without the prior consent of the department.
General Authority: SDCL 10-39-49.
Law Implemented: SDCL 10-39-45.2.
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