South Carolina Statutes
§ 12-13-50 — Tax shall be in lieu of other taxes; exceptions.
South Carolina § 12-13-50
This text of South Carolina § 12-13-50 (Tax shall be in lieu of other taxes; exceptions.) is published on Counsel Stack Legal Research, covering South Carolina primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
S.C. Code Ann. § 12-13-50 (2026).
Text
The income tax provided in this chapter shall be in lieu of any and all other taxes on such associations, except use taxes, deed recording fees, and taxes on real property. The real property of any such association shall be taxed in the place where it may be located, the same as the real property of individuals.
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Legislative History
HISTORY: 1962 Code SECTION 65-425; 1957 (50) 404; 1960 (51) 1779; 1974 (58) 2030; 2003 Act No. 69, SECTION 3.F, eff June 18, 2003.
Nearby Sections
10
§ 12-13-10
"Association" defined.§ 12-13-100
Disposition of proceeds.§ 12-13-20
"Net income" defined.§ 12-13-30
Imposition of tax on net income; rate.§ 12-13-40
Exemptions.§ 12-13-80
Form and filing of returns.§ 12-13-90
Payment of tax.Cite This Page — Counsel Stack
Bluebook (online)
South Carolina § 12-13-50, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/13/12-13-50.