Section 10-40-23.1 - Spousal transfers exempt from tax. - South Dakota Statutes

10-40-23.1. Spousal transfers exempt from tax. No property transferred to the spouse of the decedent shall be subject to the taxation under the provisions of this chapter. Any property for which the marital deduction is allowed under § 2056 of the Internal Revenue Code of 1954, as now amended, shall be considered, for the purposes of this section, to be property transferred to the spouse of the decedent.

Source: SL 1980, ch 89, § 3; SL 1982, ch 104, § 1.