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2017 South Carolina Code of Laws
Title 16 - Crimes and Offenses
CHAPTER 3 - OFFENSES AGAINST THE PERSON
Section 16-3-1320. Payment of award as not constituting ordinary income for tax purposes.
Universal Citation: SC Code § 16-3-1320 (2017)
An award made pursuant to this article shall not constitute a payment which is treated as ordinary income under either the provisions of Chapter 7 of Title 12 of the 1976 Code, or to the extent lawful, under the United States Internal Revenue Code.
HISTORY: 1982 Act No. 455, Section 2; 1984 Act No. 489, Section 1.
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