S.C. Code Regs. 117-700.1 — Definition of Related Expense as Used for Allocation

The term ''related expenses'' as used in Section 12-6-2220 means any cost incurred, directly or
indirectly, in connection with investments for the production of income or future income which is or
will be specifically and directly allocable under this section or costs incurred in the acquisition, sale or
exchange of real, tangible or intangible property.