South Dakota Codified Laws 10-45C-1. Definitions
As used in this chapter:
(a) “Agreement,” means the Streamlined Sales and Use Tax Agreement;
Terms Used In South Dakota Codified Laws 10-45C-1
- Agreement: means the Streamlined Sales and Use Tax Agreement. See South Dakota Codified Laws 10-45C-1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Fiduciary: A trustee, executor, or administrator.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Person: means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation, or any other legal entity. See South Dakota Codified Laws 10-45C-1
- Sales tax: means the tax levied under chapter 10-45. See South Dakota Codified Laws 10-45C-1
- Seller: means any person making sales, leases, or rentals of personal property or services. See South Dakota Codified Laws 10-45C-1
- State: means any state of the United States and the District of Columbia. See South Dakota Codified Laws 10-45C-1
- Use tax: means the tax levied under chapter 10-46. See South Dakota Codified Laws 10-45C-1
(b) “Certified automated system,” means software certified jointly by the states that are signatories to the agreement to calculate the tax imposed by each jurisdiction on a transaction, determine the amount of tax to remit to the appropriate state, and maintain a record of the transaction;
(c) “Certified service provider,” means an agent certified jointly by the states that are signatories to the agreement to perform all of the seller‘s sales tax functions;
(d) “Person,” means an individual, trust, estate, fiduciary, partnership, limited liability company, limited liability partnership, corporation, or any other legal entity;
(e) “Sales tax,” means the tax levied under chapter 10-45;
(f) “Seller,” means any person making sales, leases, or rentals of personal property or services;
(g) “State,” means any state of the United States and the District of Columbia;
(h) “Use tax,” means the tax levied under chapter 10-46.
Source: SL 2002, ch 64, § 1.