SD Legislature Logo
Site Search:   
2017 Bill Quickfind:   

Download Complete Article in Microsoft Word FormatPrinter Friendly
Rule 64:41 UTILITIES




64:41:01             Interpretive rules -- Railroads.

          Declaratory Ruling: Tax incentive credit for replacement and repair of existing railroad tracks may be credited against future taxes if credit exceeds one-third of the current year's taxes. Subsequent years' credits may be added together as long as the total credits do not exceed one-third of the taxes for each year. Unused credits can only be carried forward for two years. Secretary of Revenue Declaratory Ruling No. 76-1.

Back to 64 | 64:41 RSS
^ Back to Top