Taxes & Incentives

Best Tax Climate in the Country!

Sales & Use Tax

Sales tax in Brookings is a combination of a 4.5% state tax and a 2% municipal tax. Use tax applies when sales tax has not been paid on goods or services that are taxable in the state. The use tax rate is the same as the sales tax rate.


No Corporate Income Tax

No Personal Income Tax

No Personal Property Tax

No Business Inventory Tax

No Inheritance Tax

Property Tax Rebates

Brookings County offers a discretionary property tax formula for businesses investing $30,000 or more in new construction or expansion.

Brookings Economic Development Corporation
2301 Research Park Way, Suite 113
Brookings, SD 57006
(605) 697-8103  |