47:06:02:06Payment in kind.
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
Rulemaking activity
Board, lodging, or payment in kind received by an employee in addition to or in lieu of cash wages is taxable and shall be reported by the employer at the prevailing wage rate for the type of work performed in that area by the employee. Where a cash value for board and lodging furnished an employee is agreed upon in a contract for hire, the amount agreed upon shall be the value of the board and lodging, if it is more than the prevailing wage rate.
Source: SL 1975, ch 16, § 1; 7 SDR 56, effective December 15, 1980; 9 SDR 81, 9 SDR 124, effective July 1, 1983.
General Authority
- SDCL 61-1-1 ↗Amended by HB1035 (2019) — rename the unemployment insurance program to the reemployment assistance program
- SDCL 61-3-2 ↗