From South Dakota’s financing programs to the state’s unbeatable tax climate, doing business in South Dakota just makes sense. We are the only state in the nation where companies don’t pay personal income, corporate income, inheritance, business inventory or personal property taxes. South Dakota also offers tax refunds on sales, use and contractors' excise taxes.
While South Dakota’s tax climate is second to none, there are a few business taxes and costs your company will have to pay in South Dakota. They include: sales, use, real property, unemployment and workers compensation.
Read more for details and rates on each of these taxes.