64:29:02:04.01Tangible personal property allowed as trade-in

Section · Administrative Rules of South Dakota · View on sdlegislature.gov ↗

on motor vehicles. If tangible personal property is taken in trade as part payment on a motor vehicle, the current market value of that property shall be deducted from the price of the motor vehicle to establish the purchase price.

Source: 17 SDR 4, effective July 18, 1990; 21 SDR 219, effective July 1, 1995.

General Authority

SDCL 10-45-47.1 ↗
Amended by SB177 (2025) — Provide a sales and use tax refund for goods and services related to data center
Amended by SB138 (2023) — provide for the distribution of tax revenue from certain sales occurring on fair
Amended by HB1287 (2020) — provide exemption of certain taxes for certain nursing home providers and commun
SDCL 32-5B-15 ↗

Law Implemented

SDCL 10-45-1 ↗
Amended by HB1281 (2026) — reduce the sales and use tax rates on food, to increase the rates for certain ta
Amended by SB164 (2024) — lower the state sales tax rate and the state use tax rate on food to zero percen
Amended by SJR510 (2024) — To refer to the voters the question of whether this state should lower the state
Amended by HB1075 (2023) — lower the state sales tax rate and the state use tax rate on food to zero percen
Amended by HB1095 (2023) — lower the state sales tax rate and the state use tax rate on food to two and one
Amended by HB1096 (2023) — lower the state sales tax rate and the state use tax rate on food to three and o
Amended by HB1159 (2023) — exempt feminine hygiene products from the state sales tax.
Amended by SB166 (2022) — reduce the rate of gross receipts tax on certain food.
Amended by SB104 (2021) — reduce the rate of sales tax on certain food.
Amended by HB1160 (2020) — to remove the tax exemption for cosmetic medical procedures.
SDCL 32-5B-4 ↗

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