Since January 1, 2016, licensed wineries have been able to make direct-to-consumer (DtC) sales in South Dakota, the latest state to open up. To comply with South Dakota’s DtC rules, wineries are required to file shipping reports and remit sales and excise taxes quarterly. This means that the first reports will be due very soon, by April 15th. All reports must be filed online, and must be filed even if no shipments were made in the previous quarter.
There are three parts to this quarterly filing that wineries will need to comply with: filing a shipping report; filing and paying excise taxes; and filing and paying sales taxes. (more…)