Taxes to Go Up June 1

The South Dakota state sales and use tax will increase from 4 percent to 4.5 percent on June 1.

All transactions that are currently subject to the 4 percent sales and use tax rate will be subject to the 4.5 percent sales and use tax rate effective June 1.

The municipal taxes are not affected by this rate increase.

The half cent sales tax increase was part of the legislative package to increase teacher pay.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *