SDCL 10-43-23.2 Valuation of Property Owned Or Rented-Net Annual Rental Rate

LibrarySouth Dakota Statutes
Edition2023
CurrencyCurrent through the 2023 Legislative Session
Year2023
CitationSDCL 10-43-23.2

Property owned by the financial institution is valued at its original cost. Property rented by the financial institution is valued at eight times the net annual rental rate. Net annual rental rate is the annual rental rate paid by the taxpayer less any annual rental received by the financial i...

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