No carryback of net operating losses may be deducted from net income for state tax purposes. Source: SL 1982, ch 108 ; SL 2014, ch 60 , § 3, eff. Jan. 1, 2015; SL 2016, ch 62 , § 7.
Carryback of net operating losses not deductible
SDCL § 10-43-10.4 — under INCOME TAX ON BANKS AND FINANCIAL CORPORATIONS.
SDCL § 10-43-10.4