The Tax Foundation has just released the 2016 edition of its Facts and Figures publication which compares the tax and spending policies of all 50 states. Whether you’re looking for a given state’s sales tax rate or how much state debt… Read More ›
Taxes
Another Tax We Don’t Have in South Dakota – Franchise Taxes
One of the most misunderstood and misused terms in taxation is “franchise tax.” A franchise tax is simply a tax on the right to do business in a state, city, or county. Confusion arises because many states call their income… Read More ›
South Dakotans Get a Sweet Deal When Buying a Car
Mojo Motors recently published a study comparing taxes and registration and dealer fees you pay when buying a car. South Dakota ranked among the 10 least expensive states to purchase a vehicle. In every other state that has a sales tax… Read More ›
Governor Daugaard Speaks to South Dakota’s Business Climate
Leading up to CNBC’s America’s Top States for Business ranking, Governor Daugaard was invited to speak about South Dakota’s business climate on CNBC’s blog. Despite ranking 11th in the newly released rankings, South Dakota has a premier business climate and the… Read More ›
South Dakota has 3rd Lowest Tax Burden
South Dakota’s low-tax environment not only attracts business, but benefits its residents as well. Just released, The Tax Foundation found South Dakota to have the 3rd lowest State-Local Tax Burden in the nation for FY 2011. 7.1% of the average… Read More ›
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