South Carolina Code of Laws — Title 12 (Taxation)

S.C. Code Ann. § 12-6-2240

Apportionment of all income remaining after allocation

Official textscstatehouse.gov

Last amended: 1995 Act No. 76, SECTION 1; 2007 Act No. 110, SECTION 55.B, eff June 21, 2007, effective for tax years after 2010; 2007 Act No. 116, SECTION 60.E, eff June 28, 2007, effective for tax years after 2010. Editor's Note 2007 Act No. 110, SECTION 55.E and 2007 Act No. 116, SECTION 60.B provide as follows: "This section takes effect for tax years after 2010."

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In this chapter (40 sections)
  1. 12-6-1120 · Gross income; computation; modifications
  2. 12-6-1130 · Taxable income; computation; modifications
  3. 12-6-1140 · Deductions from individual taxable income
  4. 12-6-1150 · Net capital gain; deduction from taxable income for…
  5. 12-6-1160 · Dependent deduction for resident individual
  6. 12-6-1170 · Retirement income deduction from taxable income for…
  7. 12-6-1171 · Military retirement income deduction; definitions;…
  8. 12-6-1175 · Wages paid to unauthorized alien; business expense…
  9. 12-6-1190 · Cost recovery of retirement benefits from retirement…
  10. 12-6-1200 · Exclusion from taxable income of amounts excluded from…
  11. 12-6-1210 · Deductions for capital expenses, depreciation, gains and…
  12. 12-6-1220 · Individual Development Account
  13. 12-6-1610 · Definitions
  14. 12-6-1620 · "Catastrophe Savings Account" defined; exemptions allowed;…
  15. 12-6-1630 · Taxation of distributions or at death of account owner
  16. 12-6-1710 · Taxation of part-year resident
  17. 12-6-1720 · Taxable income of nonresident individual, trust, estate, or…
  18. 12-6-2210 · Taxation of business; determination whether entirely or…
  19. 12-6-2220 · Allocation of interest, dividends, rents and royalties,…
  20. 12-6-2230 · Allocation of income not allocated under Section 12-6-2220
  21. 12-6-2240 · Apportionment of all income remaining after allocation
  22. 12-6-2252 · Allocation and apportionment of business income
  23. 12-6-2280 · Sales factor; definitions
  24. 12-6-2290 · Apportionment of remaining net income from principal…
  25. 12-6-2295 · Items included and excluded from terms "sales" and "gross…
  26. 12-6-2300 · Apportionment of United States source income for business…
  27. 12-6-2310 · Income remaining after allocation for certain companies;…
  28. 12-6-2320 · Allocation and apportionment of taxpayer's income when…
  29. 12-6-2810 · Deferral of taxes on income attributable to increase in…
  30. 12-6-2820 · Date deferred payments are due and payable; payment of…
  31. 12-6-2830 · Inapplicability of time limitation on assessment and…
  32. 12-6-2840 · Effective date of article; inapplicability of article to…
  33. 12-6-2850 · Definitions
  34. 12-6-3310 · Tax credits; timeframe for use; pass through and…
  35. 12-6-3320 · Applicability of federal provisions to all income tax…
  36. 12-6-3330 · Two wage earner credit for married individuals filing joint…
  37. 12-6-3340 · Investment tax credit for purchase and installation of…
  38. 12-6-3350 · Tax credit for State contractors subcontracting with…
  39. 12-6-3360 · Job tax credit
  40. 12-6-3362 · Small business jobs tax credit; alternate method
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