South Carolina Code of Laws — Title 12 (Taxation)
S.C. Code Ann. § 12-6-2300
Apportionment of United States source income for business incorporated in foreign country
Official textscstatehouse.gov
A business incorporated in a foreign country is required to apportion only United States source income as determined for federal purposes on Form 1120F if elected. No change in the election may be made without permission of the department. Income must be apportioned using rules provided for apportionment in this chapter.
Source: view the official text
In this chapter (40 sections)
- 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…
- 12-6-2850 · Definitions
- 12-6-3310 · Tax credits; timeframe for use; pass through and…
- 12-6-3320 · Applicability of federal provisions to all income tax…
- 12-6-3330 · Two wage earner credit for married individuals filing joint…
- 12-6-3340 · Investment tax credit for purchase and installation of…
- 12-6-3350 · Tax credit for State contractors subcontracting with…
- 12-6-3360 · Job tax credit
- 12-6-3362 · Small business jobs tax credit; alternate method
- 12-6-3367 · Moratorium on corporate income and insurance premium taxes…
- 12-6-3370 · Tax credits for construction, installation or restoration…
- 12-6-3375 · Tax credit for port cargo volume increase; application to…
- 12-6-3376 · Income tax credit for plug-in hybrid vehicle
- 12-6-3377 · Hybrid, fuel cell, alternative fuel or lean burn motor…