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S.C. Code Ann. § 12-6-515

State individual income tax bracket reduction

Known as the South Carolina Income Tax Act

The act spans §§ 12–12 (157 sections).

2007 Act No. 115, SECTION 5, eff June 29, 2007.

Section repealed upon contingency. See, Editor's Note.

Notwithstanding any other provision of law, for taxable years beginning after 2006, the rate of tax imposed pursuant to Section 12-6-510(A) on the lowest bracket of South Carolina taxable income is reduced from 2.5 percent to zero percent, and the Department of Revenue shall adjust amounts due in tax tables prescribed by the department.

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.