South Carolina Code of Laws
Title 12 - Taxation
Chapter 20 - Corporation License Fees

Section 12-20-10. Definitions. - For the purposes of this chapter: (1) "Department" means the...

Section 12-20-20. Corporations to file annual reports; time of filing; extension of time for filing annual report. - (A) Except for those corporations described in Section 12-20-110, every...

Section 12-20-30. Form and contents of annual report; public inspection. - (A) The annual report must be in a form prescribed...

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. - (A) An initial annual report and the minimum license fee...

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. - (A) Except as provided in Section 12-20-100, every corporation required...

Section 12-20-60. Proration of tax where business is conducted partly outside the State; minimum license fee may not be apportioned. - When a corporation does business partly within and partly without...

Section 12-20-70. License tax where combined return is filed; applicability of minimum license fee. - When a combined income tax return is filed, the license...

Section 12-20-80. Prorated license fee. - (A) If a corporation's taxable year is changed and results...

Section 12-20-90. License fee for bank holding, insurance holding, or savings and loan holding company; definitions. - The amount of the license fee required by Section 12-20-50...

Section 12-20-100. License tax on utilities and electric cooperatives; tax based on value of property; additional tax based on gross receipts; payment; consolidated or combined return; minimum license fee. - (A) In the place of the license fee imposed by...

Section 12-20-105. Tax credits. - (A) Any company subject to a license tax under Section...

Section 12-20-110. Chapter provisions inapplicable to certain organizations, companies and associations. - The provisions of this chapter do not apply to any:...

Section 12-20-120. Annual report to be signed by person authorized to make report. - The annual report required by this chapter must be signed...

Section 12-20-130. Forms for reports; effect of failure to receive or secure form. - The department shall prepare blank forms for the initial annual...

Section 12-20-140. Department's receipt constitutes certificate of compliance and license. - The department's receipt showing the payment of the annual fees...

Section 12-20-150. Department to administer provisions of chapter; rules and regulations. - The department may promulgate regulations necessary to enforce and administer...

Section 12-20-160. Corporate license fee deemed to be tax. - For purposes of this chapter and for purposes of administrative...

Section 12-20-170. Amounts collected under chapter to be deposited to credit of State Treasurer. - All amounts collected by the department under this chapter must...

Section 12-20-175. Reduction of license fees due to tax credits. - License fees may be reduced by credits provided in Section...