​Quick hit: South Dakota state sales tax dropping starting July 1

​Quick hit: South Dakota state sales tax dropping starting July 1

05/25/2023 Tags: Announcements, In the News


If your business collects South Dakota state sales tax, make sure your accounting software is up to date on July 1.

That’s when the state’s sales tax rate decreases from 4.5% to 4.2%.

The state tax rates affected by the changes are:

  • Sales and use tax
  • Excise tax on farm machinery and farm attachment units
  • Amusement device tax
  • Motor vehicle gross receipts tax

The drop is a result of House Bill 1137, which includes a sunset clause that repeals the reduction on June 30, 2027.

Speaking of sales tax, there’s also been a change for remote seller registration criteria that starts July 1.

Only remote sellers with more than $100,000 in gross sales in South Dakota in the previous or current calendar year have to be licensed and remit South Dakota sales tax. That’s a change from the previous rule, which included a 200-or-more-transactions threshold.

Questions about sales tax or accounting software updates? Let us know.


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