SC revenue ruling #21-2
| dc.creator | South Carolina Department of Revenue | |
| dc.date.accessioned | 2021-03-04T15:23:37Z | |
| dc.date.available | 2021-03-04T15:23:37Z | |
| dc.date.issued | 2021-01-26 | |
| dc.description.abstract | For tax years beginning after 2017, there is no South Carolina business interest tax limitation and no carryforward. Any interest expense that cannot be deducted against income in the year incurred may create a South Carolina net operating loss. Any federal interest expense carryforward allowed for federal income tax purposes is disallowed for South Carolina income tax purposes and is treated as an addition to South Carolina taxable income. | |
| dc.format | application/pdf | |
| dc.format.medium | Document | |
| dc.identifier.uri | https://dc.statelibrary.sc.gov/handle/10827/36346 | |
| dc.language | English | |
| dc.publisher | South Carolina State Library | |
| dc.relation.ispartof | South Carolina State Documents Depository | |
| dc.rights | Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020)) | |
| dc.subject | South Carolina Department of Revenue--Periodicals | |
| dc.subject | Income tax--South Carolina | |
| dc.title | SC revenue ruling #21-2 | |
| dc.type | Text | |
| dspace.entity.type | Publication | |
| sd.specifications | South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat DC. |