South Carolina § 12-2-40 Contracts intended to evade payment of tax or in fraud of tax laws against public policy.

South Carolina Statutes

§ 12-2-40 — Contracts intended to evade payment of tax or in fraud of tax laws against public policy.

South Carolina § 12-2-40

Title 12TAXATION

Ch. 2GENERAL PROVISIONS

This text of South Carolina § 12-2-40 (Contracts intended to evade payment of tax or in fraud of tax laws against public policy.) 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. § 12-2-40 (2026).

Text

All contracts that are entered into with intent to evade payment of taxes or in fraud of the tax laws of this State are against public policy. The courts of this State may not lend their aid to enforce a contract entered into as a substitute for, or having as its consideration, a previous contract declared to be against public policy. Nothing in this section limits the power of an individual to administer his property by contract or donation so as to manage or avoid the impact of this or other tax laws on his personal property.

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All contracts that are entered into with intent to evade payment of taxes or in fraud of the tax laws of this State are against public policy. The courts of this State may not lend their aid to enforce a contract entered into as a substitute for, or having as its consideration, a previous contract declared to be against public policy. Nothing in this section limits the power of an individual to administer his property by contract or donation so as to manage or avoid the impact of this or other tax laws on his personal property.