Does south dakota have state income tax?

South Dakota is one of seven states that do not collect a personal income tax. However, revenue lost to South Dakota by not having a personal income tax may be made up through other state-level taxes, such as the South Dakota sales tax and the South Dakota property tax. South Dakota does not collect an individual income tax, and only levies a corporate income tax on certain financial institutions. read more

The state Department of Revenue doesn't collect or use personal property taxes, but it does assess the property of large companies. South Dakota offers numerous property tax relief programs that offer financial assistance to the disabled and elderly. Odd Tax Fact: South Dakota has a "cider tax." The imposed tax is $0.28 per gallon of cider sold. read more