10-62-1. Definitions. Terms used in this chapter mean: (1)”Department,” the Department of Revenue; (2)”Intermediate care facility for individuals with intellectual disabilities,” a treatment or care center as defined by 1905(d) of the Social Security Act and Code of Federal Regulations 42 CFR 435.1009 as of January 1, 2007; (3)”Net revenues,” the revenue paid to an […]
10-62-2. Tax imposed on net revenues. There is hereby imposed a tax of five and one-half percent on the net revenues of each intermediate care facility for individuals with intellectual disabilities. Source: SL 2007, ch 69, §2; SL 2013, ch 125, §2.
10-62-3. Collection and administration. The department shall collect and administer the tax imposed by this chapter. Source: SL 2007, ch 69, §3.
10-62-4. Filing return and remitting tax–Time for filing and remittance–Extension–Penalty for untimely return or remittance. Any person who holds a license issued pursuant to this chapter or who is a person whose receipts are subject to the tax imposed by this chapter shall, except as otherwise provided in this section, file a return, and pay […]
10-62-5. Promulgation of rules. The secretary of revenue may promulgate rules pursuant to chapter 1-26 concerning: (1)Licensing, including bonding and filing license applications; (2)The filing of returns and payment of the tax; (3)Taxpayer record-keeping requirements; and (4)Determining auditing methods. Source: SL 2007, ch 69, §5; SL 2011, ch 1 (Ex. Ord. 11-1), §161, eff. Apr. […]
10-62-6. Prohibited acts–Misdemeanor or felony. Any person who: (1)Makes any false or fraudulent return in attempting to defeat or evade the tax imposed by this chapter is guilty of a Class 6 felony; (2)Fails to pay tax due under this chapter within sixty days from the date the tax becomes due is guilty of a […]
10-62-7. Books and records–Inspection–Retention period. Each person subject to tax under this chapter shall keep records and books of all receipts, together with invoices, and other pertinent papers and documents. The books and records and other papers and documents are, at all times during business hours of the day, subject to inspection by the secretary […]
10-62-8. Taxes credited to general fund. Taxes collected under this chapter shall be remitted to the state treasurer for credit to the state general fund to be used to help offset the cost of health care services provided to the citizens by the State of South Dakota. Source: SL 2007, ch 69, §8.
10-62-9. Implementation upon receipt of medicaid state plan amendment. The tax implemented under §10-62-2 is not due and payable until the Department of Social Services receives an approved medicaid state plan amendment from the Centers for Medicare and Medicaid Services. Source: SL 2007, ch 69, §9.
