We derive and analyse the equation of motion for the spin degrees of freedom
within time-dependent spin-density-functional theory (TD-SDFT). Results are (i)
a prescription for obtaining many-body corrections to the single-particle spin
currents from the Kohn-Sham equation of TD-SDFT, (ii) the existence of an
exchange-correlation (xc) torque within TD-SDFT, (iii) a prescription for
calculating, from TD-SDFT, the torque exerted by spin currents on the spin
magnetization, (iv) a novel exact constraint on approximate xc functionals, and
(v) the discovery of serious deficiencies of popular approximations to TD-SDFT
when applied to spin dynamics.Comment: now includes discussion of OEP and GGA; to appear in Phys. Rev. Let