South Dakota: Tax Rate Change for Motorcycle Rentals
- Mar 19, 2015 | Gail Cole
The governor of South Dakota has signed into law legislation that imposes a tax of 4.5% on the gross receipts of the rental of certain motorcycles. Motorcycles are big business in the home state of the Sturgis Motorcycle Rally, which will celebrate its 75th anniversary in August 2015.
The new gross receipts tax is in lieu of the excise tax on motor vehicles but is in addition to any applicable sales or use tax. Failure to pay the gross receipts tax is a Class 1 misdemeanor. SB 93 will take effect later this year.
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photo credit: Custom V-Twin via photopin (license)
Sales tax rates, rules, and regulations change frequently. Although we hope you'll find this information helpful, this blog is for informational purposes only and does not provide legal or tax advice.
Avalara Author
Gail Cole
Avalara Author
Gail Cole
Gail began researching and writing about sales tax in 2012 and has been fascinated with it ever since. She has a penchant for uncovering unusual tax facts, and endeavors to make complex sales tax laws more digestible for both experts and laypeople.