64:07:01:17Gross
Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗
receipts defined. Gross receipts received by a contractor include any amounts received from interest charges, penalties, or liquidated damages. Interest, penalties, or liquidated damages paid by the contractor may not be deducted from gross receipts.
Source: 17 SDR 4, effective July 18, 1990; 21 SDR 219, effective July 1, 1995; transferred from § 64:06:02:26.02, 24 SDR 43, effective October 13, 1997.