S.C. Code Ann. § 41-44-70 – Tax exemptions | Midpage

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South Carolina Code of Laws

§ 41-44-70

S.C. Code Ann. § 41-44-70

Tax exemptions

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As of

Jun 7, 1988Current
Jun 7, 1988
Jun 7, 1988
Jun 7, 1988
Undated version
Undated version

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(A) The Corporation, but not the shareholders thereof, is exempt from all state income taxes and also corporate license fees.
(B) Partners of the fund are allowed an exclusion from gross income as provided in Section 12-6-1120(8).