South Dakota Exemption Encourages Fire Protection
- Sales Tax News
- Mar 22, 2016 | Gail Cole
Newly enacted legislation in South Dakota encourages the use of fire protection by creating a sales and use tax exemption for certain nonprofit corporations created for the purpose of fire protection.
Effective July 1, 2016, there is a sales and use tax exemption for “the gross receipts from sales of tangible personal property, electronically transferred products, and services to any nonprofit corporation created for the purpose of fire protection that is controlled by any political subdivision” of South Dakota.
See House Bill 1204 for additional information.
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photo credit: BRITISH COLUMBIA 1971 MUNICIPAL EXEMPT plate via photopin (license)