There is hereby imposed an annual minimum tax upon the financial institutions defined in § 10-43-88 . This tax is the tax otherwise computed according to chapter 10-43 or the tax provided in § 10-43-90 , whichever is greater. Source: SL 1995, ch 268 , § 87.
Tax on financial institutions engaging in trust business
SDCL § 10-43-89, under INCOME TAX ON BANKS AND FINANCIAL CORPORATIONS.
SDCL § 10-43-89