Section 35-5-6.1 - Additional tax on wholesaler's purchases--Administration--Disposition ofproceeds. - South Dakota Statutes

35-5-6.1. Additional tax on wholesaler's purchases--Administration--Disposition of proceeds. In addition to the tax imposed by § 35-5-3, a tax of two percent of the purchase price is imposed upon the purchases of alcoholic beverages, except malt beverages, by a wholesaler from a distiller, manufacturer, or supplier. The tax shall be paid monthly and shall be administered and collected in the same manner as provided in this chapter for the collection of the occupational tax. A licensee shall indicate the total dollar amount of purchases received during the reporting period. Funds collected from the tax imposed by this section shall be deposited in the state general fund.

Source: SL 1978, ch 267, §§ 1, 2; SL 1981, ch 272, § 2; SL 1987, ch 261, § 48.