Revenue Sources Table is a legal document that was released by the South Dakota Department of Transportation - a government authority operating within South Dakota.
Q: What are the revenue sources in South Dakota?
A: The revenue sources in South Dakota include sales tax, income tax, property tax, and fees and licenses.
Q: How is sales tax a revenue source in South Dakota?
A: Sales tax is a revenue source in South Dakota as it is imposed on the sale of goods and services and is collected by businesses.
Q: What is income tax and how is it a revenue source in South Dakota?
A: Income tax is a tax on the income earned by individuals and businesses. It is a revenue source in South Dakota as individuals and businesses are required to pay income tax on their earnings.
Q: Is property tax a revenue source in South Dakota?
A: Yes, property tax is a revenue source in South Dakota. It is a tax levied on the value of real estate and other property.
Q: What are fees and licenses as revenue sources in South Dakota?
A: Fees and licenses are revenue sources in South Dakota as individuals and businesses are required to pay fees and obtain licenses for various activities, such as professional licenses and vehicle registrations.
Form Details:
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the South Dakota Department of Transportation.