South Carolina Code of Laws — Title 12 (Taxation)
S.C. Code Ann. § 12-6-1610
Definitions
Official textscstatehouse.gov
As used in this article:
# (1)
"Qualified catastrophe expenses" mean expenses paid or incurred by reason of a major disaster that has been declared by the Governor to be an emergency by executive order.
# (2)
"Qualified deductible" means the deductible for the individual's homeowner's policy for a taxpayer's legal residence.
# (3)
"Legal residence" means the taxpayer's legal residence pursuant to Section 12-43-220(c).
Source: view the official text
In this chapter (40 sections)
- 12-6-580 · Computation of corporation's gross and taxable income
- 12-6-590 · Treatment of "S" corporations for tax purposes; shareholders
- 12-6-600 · Taxation of partnerships
- 12-6-610 · Computation of gross and taxable income of resident estate…
- 12-6-620 · Computation of gross, adjusted gross, and taxable income of…
- 12-6-630 · Taxation of entities not specified or excluded
- 12-6-640 · Use of monies appropriated to Commissioners of Pilotage
- 12-6-1110 · Modifications of gross, adjusted gross, and taxable income…
- 12-6-1120 · Gross income; computation; modifications
- 12-6-1130 · Taxable income; computation; modifications
- 12-6-1140 · Deductions from individual taxable income
- 12-6-1150 · Net capital gain; deduction from taxable income for…
- 12-6-1160 · Dependent deduction for resident individual
- 12-6-1170 · Retirement income deduction from taxable income for…
- 12-6-1171 · Military retirement income deduction; definitions;…
- 12-6-1175 · Wages paid to unauthorized alien; business expense…
- 12-6-1190 · Cost recovery of retirement benefits from retirement…
- 12-6-1200 · Exclusion from taxable income of amounts excluded from…
- 12-6-1210 · Deductions for capital expenses, depreciation, gains and…
- 12-6-1220 · Individual Development Account
- 12-6-1610 · Definitions
- 12-6-1620 · "Catastrophe Savings Account" defined; exemptions allowed;…
- 12-6-1630 · Taxation of distributions or at death of account owner
- 12-6-1710 · Taxation of part-year resident
- 12-6-1720 · Taxable income of nonresident individual, trust, estate, or…
- 12-6-2210 · Taxation of business; determination whether entirely or…
- 12-6-2220 · Allocation of interest, dividends, rents and royalties,…
- 12-6-2230 · Allocation of income not allocated under Section 12-6-2220
- 12-6-2240 · Apportionment of all income remaining after allocation
- 12-6-2252 · Allocation and apportionment of business income
- 12-6-2280 · Sales factor; definitions
- 12-6-2290 · Apportionment of remaining net income from principal…
- 12-6-2295 · Items included and excluded from terms "sales" and "gross…
- 12-6-2300 · Apportionment of United States source income for business…
- 12-6-2310 · Income remaining after allocation for certain companies;…
- 12-6-2320 · Allocation and apportionment of taxpayer's income when…
- 12-6-2810 · Deferral of taxes on income attributable to increase in…
- 12-6-2820 · Date deferred payments are due and payable; payment of…
- 12-6-2830 · Inapplicability of time limitation on assessment and…
- 12-6-2840 · Effective date of article; inapplicability of article to…