S 788 Session 105 (1983-1984)
S 0788 General Bill, By R.C. Dennis, A.S. Macaulay and Saleeby
A Bill to amend Section 12-7-1170, Code of Laws of South Carolina, 1976,
relating to the apportionment of income for purposes of state income tax of
businesses with income derived inside and outside the State, so as to provide
for the elimination of the tax over a four-year period on sales of property
shipped from within this State if the purchaser is the United States
Government or the purchaser is not taxable in the State of the purchaser, and
to provide that sales of property shipped from this State to a purchaser in a
foreign country are not attributable to this State for purposes of the tax.
02/14/84 Senate Introduced and read first time SJ-626
02/14/84 Senate Referred to Committee on Finance SJ-626
|