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Jurisdiction detail

South Dakota tax guide

A seeded subnational profile for South Dakota, built on the schema from the world-class expansion plan.

Country

United States

Tax year

2026

Authority

South Dakota Department of Revenue

Overview

South Dakota has no individual or corporate income tax. The state was the originator of the Wayfair economic-nexus rule, requiring out-of-state sellers above thresholds to collect sales tax.

No individual or corporate income tax.Wayfair economic nexus standard at $100,000 sales (the original threshold).Bank franchise tax applies to financial institutions.

Individual income tax

This jurisdiction does not impose its own individual income tax.

Type: none

Business tax

South Dakota has no corporate income tax but imposes a bank franchise tax on financial institutions.

Sales or indirect tax

South Dakota was the original Wayfair-economic-nexus state.

Base rate: 4.2%

Local rates add 0 to 2 percent.

Deadlines and forms

Sales tax filings monthly, quarterly, or annual depending on volume.

Official authority

Visit South Dakota Department of Revenue

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.