reglab/housing_qa huggingface dataset:
SC Code § 12-4-560 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-560. Manuals, guides, and aids to assessment; listing of property by groups and classes.

 The department shall prepare appropriate manuals, guides, and other aids for the equitable assessment of all properties and prepare suitable forms for an adequate listing and description of property by groups and classes.  HISTORY: 1991 Act No. 50, Section 2.
SC Code § 12-4-570 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-570. Report of all taxable property and its value.

 The department, at the request of the Governor or a member of the General Assembly, shall prepare and make available a report showing all taxable property in the State and its value in tabulated form.  HISTORY: 1991 Act No. 50, Section 2.
SC Code § 12-4-580 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-580. Authority allowing department to contract to collect outstanding liabilities.

 (A) The department and another governmental entity may contract to allow the department to collect an outstanding liability owed the governmental entity. In administering the provisions of those agreements, the department has all the rights and powers of collection provided pursuant to this title for the collection of taxes and all the rights and powers authorized the governmental entity to which the liability is owed.  (B) The department may charge and retain a reasonable fee for a collection effort made on behalf of a governmental entity. The amount of the fee must be negotiated between the governmental entity and the department. The debtor must be given full credit toward the satisfaction of the debt for the amount of the fee collected by the department pursuant to this section.  (C) Governmental entities that contract with the department pursuant to this section and those entities whose debts are submitted for collection through an association shall indemnify the department against injuries, actions, liabilities, or proceedings arising from the collection or attempted collection by the department of the liability owed to the governmental entity.  (D) As used in this section:  (1) "Governmental entity" means the State and a state agency, board, committee, department, or public institution of higher learning; all political subdivisions of the State; all federal agencies, boards, and commissions; and a federal, state, county, or local governmental or quasi-governmental entity. "Political subdivision" includes the Municipal Association of South Carolina and the South Carolina Association of Counties when these organizations submit claims on behalf of a county or local governmental or quasi- governmental entity.  (2) "Liabilities owed the governmental entity" has the same meaning as a "delinquent debt" as defined in Section 12-56-20(4).  (E) The governmental entity shall notify the debtor of its intention to submit the liability to the department for collection and of the debtor's right to protest not less than thirty days before the liability is submitted to the department for collection. The notice, hearing, appeals, and other provisions contained in Section 12-56-50 through 12-56-120 apply to this section with additional language in the notice letter as specified by the department.  HISTORY: 1996 Act No. 458, Part II, Section 59A; 1999 Act No. 93, Section 9; 2001 Act No. 89, Section 44, eff July 20, 2001; 2002 Act No. 363, Section 4C, eff July 1, 2002; 2003 Act No. 69, Section 3.KK.1, eff June 18, 2003.
SC Code § 12-4-710 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-710. Department to determine exemptions.

 Except for the exemption provided by Section 12-37-220(A)(9), the department shall determine if any property qualifies for exemption from local property taxes under Section 12-37-220 in accordance with the Constitution and general laws of this State. This determination must be made on an annual basis and the appropriate county official so advised by June first of each year by the department.  HISTORY: 1991 Act No. 50, Section 2; 1995 Act No. 125, Section 1.
SC Code § 12-4-720 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-720. Filing of applications for exemptions.

 (A) Applications for property exemptions, other than the exemption provided by Section 12-37-220(A)(9), must be filed as follows:  (1) Except as otherwise provided any property owner whose property may qualify for property exemption shall file an application for exemption with the department within the period provided in Section 12-54-85(F) for claims for refund. This item does not relieve the taxpayer of any responsibility to file timely and accurate property tax returns.  (2) Owners of property exempt under Section 12-37-220(A)(8) shall file an application for exemption before the first penalty date for payment of property taxes.  (3) Applications for exemption are not required for properties owned by the United States Government or those exempt properties enumerated in Section 12-37-220(A)(1), (5), (6), (10), and (B)(9), (13), (14), (15), (17), (23), (25), and (30).  (B) If a taxpayer files a property tax return listing property as exempt, that listing is considered an application for exemption from property taxes.  (C) A taxpayer who is required to file property tax returns with the department shall claim any exemption on the return each year the property is exempt.  (D) Except for the requirement in subsection (C), the owner is not required to file more than one application for each exemption, unless there is a change in the status of the property as reported in the initial application or unless requesting an exemption for property which was not included in the initial or subsequent application.  HISTORY: 1991 Act No. 50, Section 2; 1994 Act No. 516, Section 28; 1995 Act No. 125, Section 2A; 1995 Act No. 125, Section 2B.
SC Code § 12-4-730 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-730. Declaration and certification of exemption; voiding of tax notices by auditor.

 The department, upon receipt of an application and upon proper investigation, may declare the real and personal property of a property owner qualifying for an exemption from ad valorem taxation identified in this chapter as exempt and shall certify the exemption to the auditor's office in the county in which the property is located. Upon certification by the department, the auditor shall void any tax notice applicable to the property.  HISTORY: 1991 Act No. 50 Section 2; 1992 Act No. 361, Section 3.
SC Code § 12-4-740 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-740. Information to be furnished in support of request for exemption; inspection of premises.

 (A) An owner of tax-exempt property or a property owner requesting tax exemption shall furnish information and records requested by the department. The department and its agents may examine portions of the financial records of the owners of real and personal property as necessary to determine if the property qualifies for tax-exempt status.  (B) The department and its authorized agents may enter the premises upon reasonable notice and inspect them for tax exemption purposes.  HISTORY: 1991 Act No. 50, Section 2.
SC Code § 12-4-750 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 4 - The South Carolina Department Of Revenue|Section 12-4-750. Revocation of exempt status; imposition of tax and penalty.

 (A) The department may revoke tax-exempt status if the property does not qualify or continue to qualify for tax-exempt status under the provisions of the Constitution and the general laws of the State.  (B) If the department finds within three years from the date that taxes would have been due on property that has been granted an exemption that the exemption was for any reason improperly granted due to incomplete, misleading, or fraudulent information furnished by the applicant or its agents, the department shall notify the appropriate county official, and the county auditor shall enter on the duplicate the taxes that would have been due for those years that the property escaped taxation, with an added ten percent penalty.  HISTORY: 1991 Act No. 50, Section 2.
SC Code § 12-6-10 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-10. Short title.

 This chapter may be cited as the "South Carolina Income Tax Act".  HISTORY: 1995 Act No. 76, Section 1.
SC Code § 12-6-20 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-20. Administration and enforcement of chapter.

 The department shall administer and enforce the taxes imposed by this chapter. The department shall make and publish rules and regulations, not inconsistent with this chapter, necessary to enforce its provisions. These rules and regulations have the force of law.  HISTORY: 1995 Act No. 76, Section 1.
SC Code § 12-6-30 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-30. Definitions.

 As used in this chapter, the following words have the meaning provided unless otherwise required by the context:  (1) "Taxpayer" includes an individual, trust, estate, partnership, association, company, corporation, or any other entity subject to the tax imposed by this chapter or required to file a return.  (2) "Resident individual" means an individual domiciled in this State. A "nonresident individual" means an individual other than a resident individual or a part-year resident.  (3) "Part-year resident" means an individual who is a resident individual for only a portion of the tax year.  (4) "Resident estate" means the estate of a decedent who was domiciled in this State at death. "Nonresident estate" means an estate other than a resident estate.  (5) "Resident trust" means a trust administered in this State. "Nonresident trust" is a trust other than a resident trust.  (6) "Resident beneficiary" means a beneficiary of an estate or trust who is a resident individual, resident estate, resident trust, resident partnership, or resident corporation. "Nonresident beneficiary" means a beneficiary other than a resident beneficiary.  (7) "Resident partner" means a partner who is a resident individual, resident estate, resident trust, or resident corporation or resident partnership during the taxable year. "Nonresident partner" means a partner other than a resident partner.  (8) "Resident corporation" means a corporation whose principal place of business, as defined in item (9), is located within this State. "Nonresident corporation" means a corporation other than a resident corporation.  (9) "Principal place of business" means the domicile of a corporation. However, when none of the business of the corporation is conducted in the state of domicile, the department shall determine the principal place of business of the corporation based upon the available evidence.  (10) "Business" includes trade, profession, occupation, or employment.  (11) "Tangible property" includes real property and corporeal personal property but does not include money, bank deposits, shares of stock, bonds, credits, evidences of debt, choses in action, or evidences of an interest in property.  (12) "Intangible property" means all property other than tangible property.  HISTORY: 1995 Act No. 76, Section 1.
SC Code § 12-6-60 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-60. Role of distribution facility in determining nexus with state for income tax and corporate license fee purposes.

 (A) Notwithstanding another provision of this chapter, whether or not a person has nexus with South Carolina for income tax and corporate license fee purposes, is determined without regard to whether the person:  (1) owns or utilizes a distribution facility within South Carolina;  (2) owns or leases property at a distribution facility within South Carolina that is used at, or distributed from, that facility; or  (3) sells property shipped or distributed from a distribution facility within South Carolina.  (B) The distribution facility is not considered to be a fixed place of business in South Carolina for the purposes of nexus.  (C) For purposes of this section, a distribution facility is defined in Section 12-6-3360.  HISTORY: 2005 Act No. 157, Section 1, eff June 10, 2005, applicable for taxable years beginning January 1, 2006.  Editor's Note  2005 Act No. 157, Section 5, as amended by 2006 Act No. 389, Section 4, provides as follows:  "(A) The General Assembly finds that many tax incentives outlive their usefulness and should exist only for a time certain. It is the intent of the General Assembly to provide for a sunset provision on each tax incentive, including credits and exemptions, enacted by this act.  "(B) Each tax incentive, including credits and exemptions, enacted by this act shall be repealed for tax years beginning after five years from the date of enactment, unless a different time frame is otherwise provided herein, but this repeal does not apply to the small business targeted jobs tax credit allowed pursuant to Section 12-6-3360(C)(2), as amended by this act."
SC Code § 12-6-510 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-510. Tax rates for individuals, estates, and trusts for taxable years after 1994.

 (A) For taxable years beginning after 1994, a tax is imposed on the South Carolina taxable income of individuals, estates, and trusts and any other entity except those taxed or exempted from taxation under Sections 12-6-530 through 12-6-550 computed at the following rates with the income brackets indexed in accordance with Section 12-6-520:  Not over $2,220 2.5 percent of taxable income Over $2,220 but not over $4,440 $56 plus 3 percent of the excess over $2,220; Over $4,440 but not over $6,660 $123 plus 4 percent of the excess over $4,440; Over $6,660 but not over $8,880 $212 plus 5 percent of the excess of $6,660; Over $8,880 but not over $11,100 $323 plus 6 percent of the excess over $8,880; Over $11,100 $456 plus 7 percent of the excess over $11,100.   (B) The department may prescribe tax tables consistent with the rates set pursuant to subsection (A).  HISTORY: 1995 Act No. 76, Section 1.  Editor's Note  2021 TAX COMPUTATION SCHEDULE If the amount on line 3 of worksheet is: Compute the tax as follows: AT LEAST- BUT LESS  THAN- -0- $0 $3,110 0% Times the amount 3,110 6,220 3% Times the amount less $ 93 6,220 9,330 4% Times the amount less $156 9,330 12,440 5% Times the amount less $249 12,440 15,560 6% Times the amount less $373 15,560 or more 7% Times the amount less $529
SC Code § 12-6-515 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-515. State individual income tax bracket reduction.

 Notwithstanding any other provision of law, for taxable years beginning after 2006, the rate of tax imposed pursuant to Section 12-6-510(A) on the lowest bracket of South Carolina taxable income is reduced from 2.5 percent to zero percent, and the Department of Revenue shall adjust amounts due in tax tables prescribed by the department.  HISTORY: 2007 Act No. 115, Section 5, eff June 29, 2007.
SC Code § 12-6-520 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-520. Annual adjustments to individual state income tax brackets; inflation adjustments.

 Beginning on December 15, 2018, and each December fifteenth thereafter, the department shall cumulatively adjust the brackets in Section 12-6-510 using the Chained Consumer Price Index for All Consumers, as published by the Bureau of Labor and Statistics of the Department of Labor, pursuant to Internal Revenue Code Section (1)(f). However, the adjustment may not exceed four percent a year, and notwithstanding the rounding amount provided in (1)(f)(7), the rounding amount is ten dollars. The brackets, as adjusted, apply instead of those provided in Section 12-6-510 for taxable years beginning in the succeeding calendar year. Inflation adjustments must be made cumulatively to the income tax brackets.  HISTORY: 1995 Act No. 76, Section 1; 2018 Act No. 266 (H.5341), Section 4.A, eff October 3, 2018.  Editor's Note  2018 Act No. 266, Sections 1, 4.B, 7, 8, and 9, provide as follows:  "SECTION 1. This act may be referred to as the 'South Carolina Taxpayer Protection and Relief Act'."  "[4.]B. This SECTION takes effect upon approval by the Governor and first applies to the adjustment made for tax year 2019, with the 2018 income tax brackets being used first as the base year upon which adjustments made pursuant to Section 12-6-520, as amended by this act, are made."  "SECTION 7. The Department of Revenue shall take actions necessary to implement the provisions of this act and take the appropriate actions to educate taxpayers of the amendments contained within this act, especially those, if any, that impact filing requirements or determination of taxable income.  "SECTION 8. By January 15, 2025, the Department of Revenue, in coordination with the Revenue and Fiscal Affairs Office, shall deliver a report to the General Assembly that specifies the many provisions of the Tax Cuts and Jobs Act of 2017 that expire after tax year 2025.  "SECTION 9. Except where specified otherwise, this act takes effect upon approval by the Governor and first applies to tax years beginning after 2017."  Effect of Amendment  2018 Act No. 266, Section 4.A, rewrote the section, deleting a provision that limited the inflation rate and providing for the use of the Chained Consumer Price Index to make adjustments.
SC Code § 12-6-530 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-530. Corporate income tax.

 An income tax is imposed annually at the rate of five percent on the South Carolina taxable income of every corporation, other than those described in Sections 12-6-540 and 12-6-550, and any other entity taxed using the rates of a corporation for federal income tax purposes, transacting, conducting, or doing business within this State or having income within this State, regardless of whether these activities are carried on in intrastate, interstate, or foreign commerce. The terms "transacting", "conducting", and "doing business" include transacting or engaging in any activity for the purpose of financial profit or gain.  HISTORY: 1995 Act No. 76, Section 1.
SC Code § 12-6-535 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-535. Small business trust taxed at highest rate.

 For purposes of Internal Revenue Code Section 641(c), an electing small business trust is taxed at the highest rate provided in Section 12-6-510.  HISTORY: 2003 Act No. 69, Section 3.R, eff June 18, 2003.
SC Code § 12-6-540 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-540. Income tax rates for exempt organizations and cooperatives.

 An income tax is imposed annually at the rate of five percent on the South Carolina taxable income of an organization described in Internal Revenue Code Sections 501 through 528 (Exempt Organizations) and 1381 (Cooperatives) as computed under Internal Revenue Code Sections 501(b) (unrelated business income), 528(d) (taxable income of homeowners' associations), and 1382 and 1383 (taxation of cooperatives). The modifications provided in Article 9 of this chapter and the allocation and apportionment provisions provided in Article 17 of this chapter apply for the taxes imposed by this section.  HISTORY: 1995 Act No. 76, Section 1; 2003 Act No. 69, Section 3.E.3, eff June 18, 2003.
SC Code § 12-6-550 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-550. Corporations exempt from taxes imposed by Sections 12-6-530 and 12-6-540.

 The following corporations are exempt from the tax imposed by Section 12-6-530 and Section 12-6-540:  (1) banks as defined in Section 12-11-10;  (2) building and loan associations as defined in Section 12-13-10;  (3) insurance companies;  (4) nonprofit corporations organized pursuant to Chapter 36 of Title 33 for the purpose of providing water supply and sewage disposal or a combination of those services;  (5) organizations exempt from income taxes pursuant to Section 33-49-120.  HISTORY: 1995 Act No. 76, Section 1; 2000 Act No. 404, Section 6(C), eff October 3, 2000.
SC Code § 12-6-555 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-555. Persons not having nexus with state other than contract for commercial printing in state not subject to state income or sales and use taxes; conditions.

 Notwithstanding any other provision of this chapter, with respect to a person that does not otherwise have a nexus with South Carolina, and that has contracted with a commercial printer for printing:  (1) the ownership or leasing by that person of tangible or intangible property located at the South Carolina premises of the commercial printer and used in connection with printing contracts;  (2) the sale by that person of property printed or imprinted at and shipped or distributed from the South Carolina premises of the commercial printer by the commercial printer;  (3) the activities performed pursuant or incident to a printing contract by or on behalf of that person at the South Carolina premises of the commercial printer by the commercial printer; or  (4) the activities performed pursuant or incident to a printing contract by the commercial printer in South Carolina for or on behalf of that person; shall not cause that person to have income derived from sources within South Carolina for purposes of the taxes imposed by this chapter, unless that person engages in other activities in South Carolina that exceed the protection of 15 U.S.C. Section 381. The person shall not be considered to have a fixed place of business in South Carolina at either the commercial printer's premises or at any place where the commercial printer performs printing and related services on behalf of that person.  HISTORY: 1997 Act No. 155, Part II, Section 68A.
SC Code § 12-6-560 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-560. Computation of resident individual's gross, adjusted gross, and taxable income.

 A resident individual's South Carolina gross income, adjusted gross income, and taxable income is computed as determined under the Internal Revenue Code with the modifications provided in Article 9 of this chapter and subject to allocation and apportionment as provided in Article 17 of this chapter.  HISTORY: 1995 Act No. 76, Section 1.
SC Code § 12-6-570 (2021)
2021 South Carolina Code of Laws|Title 12 - Taxation|Chapter 6 - South Carolina Income Tax Act|Section 12-6-570. Computation of nonresident individual, trust, estate, and beneficiary's gross, adjusted gross, and taxable income.

 A nonresident individual, nonresident trust, nonresident estate, and nonresident beneficiary's South Carolina gross income, adjusted gross income, and taxable income is computed as provided in Section 12-6-1720.  HISTORY: 1995 Act No. 76, Section 1.