US Lawyer Database

Section 10-45-99 – Definitions.

10-45-99. Definitions. Terms used in §§10-45-99 to 10-45-107, inclusive, mean: (1)”Department,” the Department of Revenue; (2)”Business,” a business that has purchased and is installing tangible personal property in the form of equipment or machinery for direct use in a manufacturing, fabricating, or processing business, which is subject to sales or use tax pursuant to chapter […]

Section 10-45-101 – Requirements for extension.

10-45-101. Requirements for extension. The extension pertains only to equipment and machinery purchased and installed after July 1, 2001. No extension may be made unless: (1)The project cost exceeds twenty thousand dollars; and (2)The business applying for the extension obtains a permit from the secretary as set forth in §10-45-103. Source: SL 2001, ch 57, […]

Section 10-45-58 – Materials used by floor laying as purchases for resale.

10-45-58. Materials used by floor laying as purchases for resale. Carpet, floor covering, tacks, glue, and other materials purchased for use by floor laying and other floor work not elsewhere classified (industry no. 1752) as enumerated in the Standard Industrial Classification Manual of 1987, as prepared by the Statistical Policy Division of the Office of […]

Section 10-45-61 – Exemption certificate–Responsibilities of purchaser–Violation as misdemeanor–Retention of certificate–Rules and forms.

10-45-61. Exemption certificate–Responsibilities of purchaser–Violation as misdemeanor–Retention of certificate–Rules and forms. A seller, who possesses an exemption certificate from a purchaser of tangible personal property, any product transferred electronically, or services that indicates the items or services being purchased are exempt, may rely on the exemption certificate and not charge sales tax to the provider […]

Section 10-45-90 – Exemption for gross receipts from certain rodeo services.

10-45-90. Exemption for gross receipts from certain rodeo services. There are exempted from the provisions of this chapter and from the computation of the amount of tax imposed by it, gross receipts resulting from services performed for rodeos by promoters, stock contractors, stock handlers, announcers, judges, and clowns. Source: SL 1996, ch 85, §1.

Section 10-45-61.1 – Exemption certificate–Timing–Alternative information.

10-45-61.1. Exemption certificate–Timing–Alternative Information. Notwithstanding the provisions of §§10-45-61, 10-59-3, and 10-59-7, if the seller has not obtained an exemption certificate or all relevant data elements for an exemption certificate, the seller may, within one hundred twenty days subsequent to a request for substantiation by the Department of Revenue, do either of the following: (1)Obtain […]