Definitions.

S.C. Code Ann. § 12-20-10
in effect
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For the purposes of this chapter: (1) "Department" means the South Carolina Department of Revenue. (2) "Taxable year" means the calendar year or the fiscal year used in computing taxable income under Chapter 6 of this title. (3) "Domestic corporation" means a corporation incorporated under the laws of this State. (4) "Foreign corporation" means a corporation not incorporated under the laws of this State.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://www.scstatehouse.gov/code/t12c020.phpFetched: 10/17/2026

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