S.C. Code Regs. § § 117-1075.1

Current through Register Vol. 48, No. 10, October 25, 2024

Section 117-1075.1 - Items Included in Gross Receipts

Gross receipts, as used in Section 12-20-100, include all receipts from operations within the State, and also other profit and loss items with a local situs. Intangible income from intangibles used in the conduct of the business within this State is included in gross receipts.

S.C. Code Regs. § 117-1075.1

Added by State Register Volume 27, Issue No. 6, Part 2, eff June 27, 2003.