After strong start to year, sales tax moderates in March
Sales tax revenue is still growing in Sioux Falls – but not as much as it was at the start of the year.
Sales tax revenue is still growing in Sioux Falls – but not as much as it was at the start of the year.
Sales tax collected in Sioux Falls in the past year is barely ahead of a year ago after a drop in revenue received in November.
Sioux Falls sales tax is back in positive territory. From grocery to restaurants and apparel, here’s how different sectors are trending.
Sales tax collections in Sioux Falls fell 9.4 percent in June, but that’s a solid improvement from the 13 percent drop the previous month.
Sioux Falls took in 13 percent less in sales tax revenue in May compared with a year ago, driven by big drops in several industries.
Gov. Dennis Daugaard has called a special legislative session for Sept. 12 to consider legislation regarding online sales taxes.
The U.S. Supreme Court ruled Thursday that states can collect sales tax from online retailers, a victory in a case brought by South Dakota.