S.C. Code § 12-20-70
Current through 2024 Act No. 225.
When a combined income tax return is filed, the license fee provided for by this chapter is measured by the total capital and paid-in or capital surplus of each corporation considered separately without offset for investment of one corporation in the capital or surplus of another corporation in the group. The minimum license fee applies to each corporation in the combined group.
S.C. Code § 12-20-70