Don't Overlook On-line Taxes

MoneyThe Christmas shopping season will soon wind down, and with lots of shopping done online, the South Dakota Department of Revenue is reminding residents that a ‘use tax’ may be due on purchases made on the internet. Doug Schinkel is the Director of the Business Tax Division……

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Schinkel says the use tax is the same 4 percent as a regular sales tax, and a municipal tax may also be due on purchases. He says the responsibility to pay the use tax is up to consumers…

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While online purchases may be the most common reason for having a use tax to pay, Schinkel says there may be other instances where the tax is due…

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More information on paying the use tax can be found at the Department of Revenue’s website.