S.D. Admin. R. 20:18:22:03 - Procedure for reporting and paying gaming taxes and fees

Taxes and fees required by SDCL 42-7B and this article and all reports relating to them must be received by the executive secretary not later than the due date specified by law, except that the taxes, fees, and reports are considered filed on time if the licensee demonstrates to the satisfaction of the commission that they were deposited in a United States post office or mailbox with first-class postage prepaid, addressed to the executive secretary, within the time allowed for payment of the taxes or fees.

If a licensee finds a reporting error in a tax report which has been previously filed, an amended tax report must be filed along with the correct tax remittance. This report must be filed within five days after the discovery of the error and must reflect the total gaming revenue and statistics for that month. The tax remittance is subject to an interest charge as prescribed in SDCL 42-7B-31.

In addition to the amended report, the licensee must also file a memorandum which explains the basis and calculation of the additional tax due.

Notes

S.D. Admin. R. 20:18:22:03

16 SDR 57, effective 10/1/1989; 19 SDR 177, effective 5/27/1993.

General Authority: SDCL 42-7B-7.

Law Implemented: SDCL 42-7B-1, 42-7B-2, 42-7B-3, 42-7B-4, 42-7B-5, 42-7B-7, 42-7B-9, 42-7B-11, 42-7B-17, 42-7B-28, 42-7B-29, 42-7B-30, 42-7B-41, 42-7B-43, 42-7B-45.