GOAC Discusses Exemptions To Sales Taxes At Recent Meeting

(WNAX) — A discussion on sales tax exemptions came up during the meeting of the South Dakota legislatures Government Operations and Audit Committee.  Jim Terwilliger, a fiscal analyst with the Bureau of Finance and Management, says there have been extensive reviews in the past…

Sales tax exemptions come up every session, with many legislators pointing to almost a billion dollars in non-taxed sales.  Terwilliger says the 2011 study came up with a few proposed changes…

Terwilliger says most of the reports they have on exemptions are based on estimates…

Terwilliger says they are moving toward doing an exemption review every year.