South Dakota Rewards Timely Taxpayers
- Jul 2, 2013 | Gail Cole
The July 1, 2013 Department of Revenue informs of a new perk for timely filers of sales tax returns. It reads:
"If you file and pay your sales tax return electronically and on time you will receive a collection allowance beginning January 1, 2014. The filing allowance will be 1.5% of the tax due on the sales tax return, not to exceed $70 for each reporting period."
Okay, so $70 each reporting period won't make you rich, but it can buy a decent dinner for two. It's a simple way to thank taxpayers who file electronically and pay on time. It'll do.
The allowance was approved by the 2013 South Dakota Legislature.
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