For South Carolina income tax purposes, gross income, adjusted gross income, and taxable income as calculated under the Internal Revenue Code are modified as provided in this article and subject to allocation and apportionment as provided in Article 17 of this chapter.
S.C. Code Ann. § 12-6-1110
Modifications of gross, adjusted gross, and taxable income calculated under Internal Revenue Code
Known as the South Carolina Income Tax Act
The act spans §§ 12-6-10 to 12-6-640 (157 sections).
Applied in 1 court decision — leading case Emerson Electric Co. v. South Carolina Department of Revenue (2011)
Most recently applied in Emerson Electric Co. v. South Carolina Department of Revenue (December 2011)
1995 Act No. 76, SECTION 1; 2005 Act No. 145, SECTION 9, eff June 7, 2005; 2018 Act No. 265 (S.1043), SECTION 4.B, eff October 3, 2018.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.