Home/South Carolina/Statutes/Title 12: TAXATION/Ch. 20: CORPORATION LICENSE FEES/§ 12-20-175
South Carolina Statutes

§ 12-20-175 — Reduction of license fees due to tax credits.

South Carolina·Title 12 TAXATION·Ch. 20 CORPORATION LICENSE FEES
License fees may be reduced by credits provided in Section 12-6-3410 or Section 12-6-3480, or both of them.

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South Carolina § 12-20-175 (Reduction of license fees due to tax credits.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

HISTORY: 1998 Act No. 432, SECTION 8.

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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