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  • AI Summarized - US Updates

    Aurora, Hecla, and Lake City Residents to See Municipal Tax Increase from January 1, 2024

    2023-12-29
    https://img.particlenews.com/image.php?url=1mR1bZ_0qTqi1kM00

    Starting January 1, 2024, the communities of Aurora, Hecla, and Lake City in South Dakota will see a change in their municipal taxes. The general sales and use tax rate will increase from 1 percent to 2 percent. This is in accordance with South Dakota Codified Law 10-52-9, which allows tax rate changes on January 1 or July 1 each year.

    The South Dakota Department of Revenue issues municipal tax information bulletins. These bulletins list all municipal sales and use tax rates in the state. They also provide information on tribal sales, use, and excise taxes. The bulletins are updated and available for free every January 1.

    The bulletins can be downloaded from the Department of Revenue website. They offer detailed information about tax rate changes and their impact on the communities.

    For more information, contact the Department of Revenue at 1-800-829-9188. This tax increase will affect the economies of the three South Dakota communities.

    Visit here for more details

    This article is generated with AI assistance. AI enhances user experience by providing more comprehensive content, yet there remains a slight risk of encountering inaccuracies on rare occasions. Agree to access AI-generated content by clicking here, or opt for content with less AI influence here.

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