South Dakota Department of Revenue Professional, Dependable, - PDF document

DoR Presentation to Tax Committees Thursday, January 22, 2015 10:24 AM South Dakota Department of Revenue Professional, Dependable, Accauntable . .. in parmerslzip with Sauth Dakota 1

Department Organizational Chart Professional, Dependable, Accoumable . .. i11 parmership with South Dakota }.

FY2014 Collections by Type of Tax Type of Tax FY2014 Collections Sales & Use Tax $833,618,413 $90,409,495 Contractors' Excise Tax Tourism Tax $10,671,323 Fuel Excise Tax $156,736,026 Vehicle Excise Tax $77,353,826 Special Taxes $112,707,544 Video Lottery $91,941,457 Deadwood Gaming $8,885,345 3 Professional, Dependable, Accountable ... in partnership with South D ak ota

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History of South Dakota Ta xes 1939 Bank Franchise 1905 Inheritance Tax 2000 Last M91or Change . Vo te rs repealed the tax . 2000 last ~ 1a j0f Change : lovi,•ered the ne l a,c;:ome le v els on wh da the bank franchise w l ,ba .. d. 1913 License Fees , Non.Commerc ial Use Tax 19 39 2006 lo<I Moj0< Chango : Moved Iha tox on l'1rm equ i pment ~om the salas w chapter 2013 Last Major Chongo : Fees incrooscd on non-eornmerciol . non-commc r ci gross w eig ht, n,,aoallona l and 1rall01 . molorhome. ( 10-45 ) ID its <>•n excise tox chapler (1 1l-46E ) and Increased Iha rote ftom 3'!. IO 4%. mctoroycles. and dcolor pla1cs . The increase in non-comm«ciol gross w eight f ee Also exempted lrom soles tax tho r cpa i r1 and mainiononcc on !arm oq u iPman l •c/Jed u! e ..t• tho curm tl fee• ot 60 % of the commercial !iceri•• fee•. 1923 Motor Fuel 1941 Special Fuel 2009 La1t Major Change : Changed how tax is applied to blended hle ls (gasohol). ax 1 999 la•t ~1aj0< Change: Tax increaoec on April 1 ~cm S .1 8 to S.22 per gallon . a . ppl i ed to ethyl alcohol at S. 08 per galon and tax on gasol i ne at S22 per II" lor. 1923 Cigarettes 1965 ln1ers1ate Fuels 2007 Las t Majer Change : Vc t or1 appro v ed i croas.mg tho tax from $.53 lo S l. 53 po r pack 1 995 Last Major Change: Allowo<h lalo lo ontormlo "',jroomcnls lor tho co l cllon of I\Je l of 20 and $.67 lo S U2 per pack of 25 . tax on int · ers.tate mo or earners . 19 33 Li cense Fees , Comm ere ial 1977 Energy Mineral 2011 Last M3JC)I' Change · T he 10% lice nse fee reduction lo< ccmmereoa l v eh i cles W3$ No ma jor clJango• made si nce implemonta · oo ct>anged to opply to vellicle, 10 yeo~ old or mont. 1935 Alcohol Bev erage 1979 Contractors' EJ< cise Tax 201 1 Last M3JC)I' Chonge : An on-off •ole molt beverage v.ith South Dakolll l orm v. neo 1995 L .. t Major Chang•: l ncre .. &d Iha tax rat<I a, util i ty ool'lll'Oct, from 1.5% to 2"'. added wall • fee cl $325 Also O<)ded w a, • hunling preoerve fi cen,e wil h a lloenoe w .. lee cf $500. 1935 Sales Tax 1988 Tank lnspecUon Fee 2006 La,t Major Change · ldo • ed e tax on lann equipment from the ,are, t,n ct>apte, 1 993 Last L 1a jor Change : lncrea 01 pe r gallon to S 02 per ga l lon on all .. d from S ( 10-45 ) to its o wn ••ci<a tax chapt•r (1 0-46E ) and lna••••d Iha rat• from 3% to 4%. p•trol•um produdS lntroducod Into lh" stat<I . Also exeffl)tod from sa tiJx tho r epai rs and ma i ntenanco on farm equipment. Othe r Tobacco Products Tax 1935 Mineral EJ<traction 1995 1 994 Las t ~ lafcr Change : Changed hem g,css yield and net i ncome to gross production 2007 LaSI Majo, Change: Vo!er• aPP<cved in cteaslng hem 10 % to 35 % the tax inpcsed ( $4 par ouice of sa v oted gold) and 10 '11, net I coma . on the wholesale pun:hooa price ol alhar robacoo prodU<n. 1937 Mo1or Veh icle Registration 1998 Alcohol Be verage: Cider 2012 ast Major Change . A thorized mlted specia l plal,,.. fo r Silver S1ar Med al 1 998 . Cider w as add•d as a ea leg ory at a rat<I of S. 28 perg on . Orsbnguished Service Cross . • •Y Cross , Forc e Cross , Dis ngu h ed Flying Cross, Btonze Star Medal \\Ith Val0< De vi ce . or t h• Bron,e Stu Meda l r~ l•nto. A ls o outhorl zo d tho av !abil ity cf llmi t cd speci plotc,s to ml l tary ociiva duty mom.bcr<. Allowed ror per>onollled llcaMe plot,,.. lo be io sued wl!h a olngle nLmG ral olh•r 1han Iha numbor ono or two . 2002 Tourism Tax 20 13 Lasl M•J0< Change : 1 5% tax r ate sun<a t removed 5

PRI 1 WARY FUNCTIONS >< • Administer sales tax and use tax, contractors' excise {2. tax, municipal tax, tourism tax, as well as tax collection agreements with South Dakota Indian Tribes. u, Currently have Tax Collection Agreements with 8/9 SD Tribes u, Cl) C: ·- • Issue licenses to new taxpayers, provide instruction u, and education on taxes, perform business reviews, ::::s collect delinquent taxes. aJ License vendors and collect taxes at speci al events - Sturgis Rally, State Fair, etc. Professional, Dependable, Accountable ... in parmership with South D ak ota 6

~ ~ ~ Department or 10 Year History of Sales and Use Tax Revenue $900 5.82% $800 $700 $600 C § sso o $4 00 $300 $200 $1 00 so FY2005 f'!200 6 FY2007 FY 2008 FY2009 FY 2010 FY2011 FY2012 FY20 13 FY2014 Professiona l, Dependable, Accountable . .. inpartnership with South Dakota ;

Yo 1 f m Sign up for our .. E-Newsletter! I Taxes I Motor Vehicles I Gaming I Lottery I Education I Forms I Publications I Con tact Us I Offi ce of the Secretary E-Services Twc..ts How Do I...? rm S 0 D Re~enur File my taxes online? :::x;: W!'k O n-le '., %1"~~J l e'j .? 015 Get a personalized license plate? w~ a r" loo l.'. 1n g for.\'ard to .-; ta ~.,n g ~ath Find property assessment Information? m to uch '. How do I pay U se Tax? ii How do I register my boat? SD ~~e:''. 1 e Make a Payment > 0 (hed : out the :: :;c :: January Learn About 20 .!.S .::t \c1·,~ ! r ~j 1:_1~,..-- .nc~:T_·~·r.,:·~: Collectlon Allowance III Match Municipal Tax Ch anges License Requirements < January > Property & Sales Tax Relief Programs S un Mon T ue Wed lhu Fn Sat Department of Revenue Brochure 28 29 31 1 2 3 Sturgis Rally Tax Facts 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Recent News: July E- New 20 ·

~ ~ . Department of Pa}~11ent > Make a Make a Payment ~ath h~INYk~ fMt '"11flllt'i"M.-YiUKM•t l" I f~"[ l'i Jrl-, Maldngapayme,ttdcx!s nof fat a return for you. Con t u,do:, !.Uiic:Ta... n Voll h~• net f'ilH yow mu,.._ ~~do"° udf1I f P, Hh o, fil• • p.pH ~llffl . S•ln.•l'dl.lu:TP Log in tl'(lto•t1Jr :l ra• Ueet1••Jnie l/i,o1;00M~oe~~iku~ - fi UtA:n xHi.nbc, , U, c, £1.tii ~ fi'• • 11 d /Ht 'I M c /o ffollfflt t to\r f'~ oleo:leHIMc:~~flr~ (hl;:fW Of OBA H11M(I: : "'" 911 El'l'lf:r&en<'f Surd~fl.! ••wn-, en ~.,{.,.,c,1_,,.,.,,..,. e.nk ~l'lln,;:'-e T1 w ..,, ' 8 A.\ld ,1; Pay'rn@ll1 Ccnt,,ctors'E wr,, ll ,_,rmenr Method: •PP~~you H'r bytrl'!.:irtc11'1li. S11hK .. t1U,1tTu Of"dtC1rd • Morctr~: I IJnpMe,/hpme, LNG Supp11tr (1h1w!il P1cdu<et c. ......... ~ .... I f you f.lft M1 1hatly lf'lln9 FP.-tt, li)'C!Udtl'l'th,.-!11\£Jlath.aieco111tand State of South Dakota - Department of Revenue t i> a«,n Vottt 1coout1t.. crt11e., I ~ymtnl bt It n«d to Ma.f Otbif 0< Oedlt twd ro, the ,~ ,c coUl'l t flOWJ. tMtd , !MM!. 0-Ktlon• : To tocatea sa:1GS1a1coc,e 3IICI rat 1fyc..iew@-t.at 1 nddafl0t~'@1tt11M tnH! , plea~call SalH Tu Rate, by Addrn-a fornnll!ttessllSl~lm · d\. 18()0jl1991!i- Sl rJl)fy @11le1 the Sl!eetilddle!.-sand Entec' me -11,~e,s •'ne<e goods or 5eMCeS were aetvered to lh8 corroct ZI P moo Of Cit)' name ror detemme the apptcabie- UL"U!s and report1rQ rodes Li lhataekfre$$ Forcltl,estmtha~ codes, you rwst em.ir ot mtJhple np S@leel mo COl'lec:t ZII> croe 1°' i:t1a S 1r ee1 Addless -.ss)'O<loresupPl!lno Cit\' ! P ll!Mo!LN Iii I J.U.ll._._ .. Zlp on z:ip codea alone doe-a no1 Gt..<!H:.sll' • wo,k.. l.tp code bollndatte:S c ro ss CMW" muniei~t limit b01.l"d3n0$ An lldttess may nd be 1N 1lhln the - IBII Match rmncipal bouooa,y C\ll1 is 'M 1h a particular zip ~$0da:ed Th0t01I.Y•-r.;11Kmac»K>thl attc*ess are ncJ 51.t>,ect lo min apal "'~ Pr ofessional, Dependable, Accountable . .. in partnership with South Dakota

PRIMARY FUNCTIONS ,n - CL) • Administer motor vehicle titling, li censing and registration for 0 ·- all private, commercial and prorate (interstate trucking) vehicles. • Ensure 3°/o motor vehicle excise tax is properly assessed and collected. • Ensure motor fuel taxes are properly assessed and co ll ected on all fuel sales. Pr ofessional, Dependable, Accouniable . .. in parmerslzip with South D ak ota 10

~ . Department or License Fee Collection 5 Year History 120,000, 000 103,314,926 100,000, 000 65,589,110 40,000, 000 20,000,000 0 FY 2010 FY2011 FY2012 FY 2013 FY2014 11 Professional, Dependable, Accountable . .. in partnership with South Dakota

~ Department of Collection of Motor Vehicle Excise Tax $90,000,000 $80,000,000 $70,000,000 $71,891,556 $60,000,000 $50,000,000 $55,754,190 $40,000,000 $30,000,000 $20,000,000 $10,000,000 $- --, FY2010 FY2011 FY2013 FY2014 FY2012 1.l Professional, Dependable, Accoumab/e . .. i npartne rship with Sautl1 Dakota