The taxes on the operating property of public utility, railroad, and air flight companies differ with respect to industry, company size, category of ownership, and degree of regulation. The Department of Revenue shares property assessment duties with local South Dakota County Directors of Equalization. While some industrites pay property taxes, others are responsible for paying a Gross Receipts Tax. Regardless of the method of taxation, all tax dollars are submitted to local governements.
Companies that are assessed by the Department of Revenue are required to submit an annual report to the Department. It is essential to acquire the proper reports to ensure accurate filing. If you have further questions about what information should accompany the reports, email or contact the Central Assessor at 605.773.5851605.773.5851.
|Airline Companies||Rural Electric Companies|
|Electric Companies||Rural Telephone Companies|
|Natural Gas Pipeline Companies||Telephone Companies|
|Oil Pipeline Companies||Water Companies|
|Wind Companies (Before 4/1/2015)|
Electronic submission of the annual reports is not available at this time.