South Dakota Form Publication 501 2024-2025

South Dakota Form Publication 501: What You Should Know

For more information about sales tax, use tax payments, licensing, or any other aspect of North Dakota State Taxes you may need, the North Dakota Tax Commission can advise! Contact us at or tax.infodnstax.gov. Sales & use tax Sales & use tax is a tax that is imposed on retail sales of tangible personal property (like clothes, furniture, jewelry, and food, but not vehicles) that is subject to sales tax law in the State of North Dakota.  Sales & use tax is considered a “use tax” and has its own set of rules. In general, taxes collected on such sales are used to pay for the general purposes of the State of North Dakota. Tax ability : Sales & use tax depends on local ordinance and local property, sales tax rate, taxable items, exemptions, rate schedules and more.  Sales tax collection schedules : As sales and use tax is collected at the time of the sale, the State collects only the tax due at that time. The State may make payments to defray the amount due at that time. Taxpayers have the option of making a payment schedule using one of the forms listed below. There is some flexibility allowed for taxpayers in a tax year. For tax years ending on or after January 1, 2018, or ending on or after December 31, 2017, the State may elect to make payments on a calendar quarter basis. Tax forms : North Dakota does not require a sales and use tax collection form. The State does not collect the tax on goods and services, but collects a tax when the tax is paid. The State does not accept electronic files. Taxpayers must submit a sales and use tax return in a timely manner to avoid penalties. In addition, any individual who owes North Dakota sales and use tax must file a State tax return within two years from the due date of that tax. In addition, the State may impose a penalty based on a deficiency amount. Pricing : North Dakota provides a two-tier sales and use tax system. The first-rate is the same as the state sales tax. Under this rate, the minimum tax collected is the 2.5% of the seller's gross receipts. The second rate applies to businesses that receive less than 10,000 annually. This rate is 10%. Individuals who are tax-exempt must pay a reduced tax if they itemize deductions.

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