South Carolina Statutes

§ 12-20-160 — Corporate license fee deemed to be tax.

South Carolina·Title 12 TAXATION·Ch. 20 CORPORATION LICENSE FEES

For purposes of this chapter and for purposes of administrative and enforcement provisions of this title, the corporate license fee is deemed to be a tax.

Free access — add to your briefcase to read the full text and ask questions with AI

South Carolina § 12-20-160 (Corporate license fee deemed to be tax.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1995 Act No. 76, SECTION 3.

Nearby Sections

15

§ 12-20-10

§ 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.

§ 12-20-105

§ 12-20-110

Chapter provisions inapplicable to certain organizations, companies and associations.

§ 12-20-120

Annual report to be signed by person authorized to make report.

§ 12-20-130

Forms for reports; effect of failure to receive or secure form.

§ 12-20-140

Department's receipt constitutes certificate of compliance and license.

§ 12-20-150

Department to administer provisions of chapter; rules and regulations.

§ 12-20-160

Corporate license fee deemed to be tax.

§ 12-20-170

Amounts collected under chapter to be deposited to credit of State Treasurer.

§ 12-20-175

Reduction of license fees due to tax credits.

§ 12-20-20

Corporations to file annual reports; time of filing; extension of time for filing annual report.

§ 12-20-30

Form and contents of annual report; public inspection.

§ 12-20-40

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

§ 12-20-50

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

View on official source ↗