For the purpose of this chapter and unless otherwise required by the context, the words "banks" and "taxpayers", whenever used in this chapter, shall mean any person engaged in a banking business, whether incorporated under the laws of this State, any other state or the United States or whether unincorporated, except cash depositories.
HISTORY: 1962 Code Section 65-401; 1952 Code Section 65-401; 1942 Code Section 2676; 1937 (40) 565; 1938 (40) 1762.
Structure South Carolina Code of Laws
Chapter 11 - Income Tax On Banks
Section 12-11-10. "Banks" and "taxpayers" defined.
Section 12-11-20. Tax on income of banks; rate.
Section 12-11-30. Income tax to be instead of other taxes; exceptions.
Section 12-11-50. Payment of tax; deposit into general fund.
Section 12-11-60. Conditions rendering this chapter ineffective.