Home/South Carolina/Statutes/Title 12: TAXATION/Ch. 20: CORPORATION LICENSE FEES/§ 12-20-160
South Carolina Statutes

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

South Carolina § 12-20-160
JurisdictionSouth Carolina
Title 12TAXATION
Ch. 20CORPORATION LICENSE FEES

This text of South Carolina § 12-20-160 (Corporate license fee deemed to be tax.) 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. § 12-20-160 (2026).

Text

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.

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Legislative History

HISTORY: 1995 Act No. 76, SECTION 3.

Nearby Sections

15
§ 12-20-10
Definitions.
§ 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
Tax credits.
§ 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.
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Bluebook (online)
South Carolina § 12-20-160, Counsel Stack Legal Research, https://law.counselstack.com/statute/sc/20/12-20-160.