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South Dakota State Fair Generates over $200,000 in Tax Revenue
The 2023 South Dakota State Fair generated $222,108.58 in tax collections. During this year’s State Fair, we saw a big jump in vendors with 607 booths rented to 322 different vendors. Fairgoer spent money on goods, services, and concessions during the five-day event – totaling over $2.7 million in revenue.
Summer 2023 Newsletter has Arrived!
Information on Sturgis, property tax relief programs, self service terminals, deadlines, and much more is available in this edition of the 2023 Summer Newsletter.
The Spring Newsletter is here! Read it to learn about articles on speculative building and the departments award winning Property Tax modernization project. The Spring issue also features guidance and summaries on bills from the 2023 Legislative Session.
The South Dakota Department of Revenue estimates that tax collections from the 2023 Sturgis Motorcycle Rally were $1,446,526.
Sales and property tax refund program for senior citizens and citizens with disabilities
Read on to see if you are eligible for a sales or property tax refund for the elderly and disabled issued by the South Dakota Department of Revenue.
Department of Revenue Updates Tax System for Decrease in State Tax Rate
On July 1, 2023, South Dakota’s tax rate will decrease from 4.5 percent to 4.2 percent. Governor Kristi Noem and the Department of Revenue are working diligently to account for the three-tenth percent sales tax decrease created by House Bill 1137.