Section 10-45C-15 - Revenue received from voluntary retail licensees to be deposited in tax relief fund. - South Dakota Statutes

10-45C-15. Revenue received from voluntary retail licensees to be deposited in tax relief fund. The additional net revenue received by the state from voluntary retail licensees shall be deposited in the tax relief fund created pursuant to § 10-45C-14. For the purposes of § 10-45C-14 and this section, a voluntary retail licensee is any person licensed through the Streamlined Sales and Use Tax Agreement to remit sales and use tax pursuant to chapters 10-45 and 10-46 who does not otherwise have a legal obligation to remit such taxes.

Source: SL 2006, ch 55, § 2.