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Taxation Structure
Year: 2005
Actual Valuation: $ 956,373,789
Bond Indebtedness
Year: 2005
General Obligation: $0
Revenue: $ 20,800,000
County: $ 36,000
School: $ 8,680,000
General Comments
Check out Yankton's tax climate and you will discover that the South Dakota business climate is Number One in the nation for entrepreneurs according to the Small Business Survival Index. Our per capita state taxes are the 49th lowest in the country. This section reviews the few business taxes and costs your company will have to pay in South Dakota.
The South Dakota entrepreneur has a competitive edge over all his/her business counterparts in the United States. The South Dakota business person enjoys:
• No corporate income tax
• No personal income tax
• No personal property tax
• No business inventory tax
• No inheritance tax
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