10-46-2.2. Tax on use of rented property and products transferred electronically.
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/sd/title-10/chapter-10-46/10-46-2-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An excise tax is imposed upon the privilege of the use of rented tangible personal property and any product transferred electronically in this state at the rate of four and one-half percent of the rental payments upon the property.