2017 South Carolina Code of Laws
Title 12 - Taxation
CHAPTER 15 - SOUTH CAROLINA LIFE SCIENCES ACT
Section 12-15-40. Income tax allocation and apportionment agreement authorization.
In the case of a taxpayer establishing a facility meeting the requirements of Section 12-15-20, the South Carolina Department of Revenue, in its discretion, may enter into an agreement with the taxpayer pursuant to Section 12-6-2320 for a period not to exceed fifteen years if the facility otherwise meets the requirements of that section.
HISTORY: 2004 Act No. 187, Section 1.(D), eff March 17, 2004; 2010 Act No. 290, Section 27, eff June 23, 2010.