§ 10-46A-1.5 Taxes on receipts of worthless accounts.

SD Codified L § 10-46A-1.5 (2019) (N/A)
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10-46A-1.5. Taxes on receipts of worthless accounts. Taxes paid on gross receipts represented by accounts found to be worthless and actually charged off for income tax purposes, may be credited upon a subsequent payment of the tax. If such accounts are thereafter collected by the contractor, the tax shall be paid upon the amount so collected.

Source: SL 1990, ch 93, § 3.