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99 chapters · 1,878 sections in this title.
SDCL § 10-43-1 Definition of terms
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Terms used in this chapter mean: (1) "Corporation," joint stock companies, limited partnerships, limited liability companies, and associations organized for pecuniary profit; (a) "Domestic corporation," any corporation organized under the laws of this state; (b) "Foreign corporat…
SDCL § 10-43-10.1 Net income defined
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Net income, in the case of a financial institution, is taxable income as defined in the United States Internal Revenue Code, as defined by § 10-1-47 , and reportable for federal income tax purposes for the taxable year, but subject to the adjustments as provided in §§ 10-43-10.2 …
SDCL § 10-43-10.2 Additions to taxable income
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Added to taxable income are: (1) Interest or dividend income derived from obligations or securities of states or political subdivisions, or authorities thereof, not included in taxable income as determined under the Internal Revenue Code; (2) All income taxes paid or accrued, as …
SDCL § 10-43-10.3 Subtractions from taxable income
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Subtracted from taxable income are: (1) Dividends received from financial institutions subject to taxation under this chapter, to the extent the dividends were included in taxable income as determined under the Internal Revenue Code; (2) Taxes imposed upon the financial instituti…
