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§ 37-10-9 Computation of cost to wholesaler--Expenses included.

SD Codified L § 37-10-9 (2019) (N/A)
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37-10-9. Computation of cost to wholesaler--Expenses included. Cost to the wholesaler shall mean the basic cost of cigarettes to the wholesaler plus the cost of doing business by the wholesaler, as evidenced by the standards and methods of accounting regularly employed by him in his allocation of overhead costs and expenses, paid or incurred, and must include, without limitation, labor costs, including salaries of executives and officers, rent, depreciation, selling costs, maintenance of equipment, delivery costs, all types of licenses, taxes, insurance, and advertising.

Source: SL 1966, ch 157, § 5 (1).

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§ 37-10-10 Presumption as to cost of doing business by wholesaler--Cartage costs.