Taxes are Low in Wall, SD
Businesses, families and retirees are moving to South Dakota, in part, due to our low taxes. We have one of the best tax structures in the country and this can create significant savings for businesses and individuals. For example, a manufacturer who owns a lot of equipment will appreciate not being taxed on it. Corporations and retirees will appreciate having no state income tax. Contact Wall Economic Development Corporation for help determining how much you could save by moving to Wall, SD!
Taxation
Sales Tax
State: 4.5%
City: 2%
Property Tax
Levy of 6.859 (2015)
Municipal Gross Receipts
City: 1%
South Dakota Tax Climate
- No Corporate Income Tax
- No Personal Income Tax
- No Personal Property Tax
- No Business Inventory Tax
- No Inheritance Tax
Visit the Governor's Office of Economic Development Website for more information about state taxes and incentives at https://sdgoed.com/