South Carolina Code of Laws
Chapter 20 - Corporation License Fees
Section 12-20-10. Definitions.

For the purposes of this chapter:
(1) "Department" means the South Carolina Department of Revenue.
(2) "Taxable year" means the calendar year or the fiscal year used in computing taxable income under Chapter 6 of this title.
(3) "Domestic corporation" means a corporation incorporated under the laws of this State.
(4) "Foreign corporation" means a corporation not incorporated under the laws of this State.
HISTORY: 1995 Act No. 76, Section 3.

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Structure South Carolina Code of Laws

South Carolina Code of Laws

Title 12 - Taxation

Chapter 20 - Corporation License Fees

Section 12-20-10. Definitions.

Section 12-20-20. Corporations to file annual reports; time of filing; extension of time for filing annual report.

Section 12-20-30. Form and contents of annual report; public inspection.

Section 12-20-40. Initial annual report and minimum license fee to be filed with initial articles of incorporation or application for certificate of authority.

Section 12-20-50. Imposition of license tax on corporations generally; rate; minimum tax; time payable; reduction by holding company of paid-in capital surplus.

Section 12-20-60. Proration of tax where business is conducted partly outside the State; minimum license fee may not be apportioned.

Section 12-20-70. License tax where combined return is filed; applicability of minimum license fee.