South Dakota Codified Laws 32-5B-22. No tax refund for early termination of lease
Current as of: 2023 | Check for updates
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If the lease is terminated prior to the termination date contained in the lease agreement, no refund may be allowed for tax previously paid under §§ 32-5B-1, 32-5B-1.1, 32-5B-4(7), and 32-5B-21 to 32-5B-24, inclusive.
Terms Used In South Dakota Codified Laws 32-5B-22
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Source: SL 2000, ch 145, § 5.