S.C. Code Regs. § 12-507.19
Current through Register Vol. 48, No. 5, May 24, 2024
Section 12-507.19 - Business Personal Property ReturnsA. Description: Record of personal property tax returns for businesses in the county. These are used by the county auditor to compile the tax duplicate books. Information includes name of owner, property location, tax district, type of business, cost of furniture, fixtures, and equipment, accumulated depreciation for income tax purposes, net book value, 10% cost of all items which have depreciated more than 90%, signature of owner, phone number, and date.B. Retention: 5 years, then destroy.S.C. Code Regs. 12-507.19
Added by State Register Volume 26, Issue No. 4, eff April 26, 2002.