Effective date of article; inapplicability of article to domestic international sales corporations or foreign sales corporations.

1. Law
2. South Carolina Code of Laws
3. Taxation
4. South Carolina Income Tax Act
5. Effective date of article; inapplicability of article to domestic international sales corporations or foreign sales corporations.

This article:

(1) is effective for taxable years beginning after December 31, 1985; and

(2) does not apply to taxpayers who form domestic international sales corporations or foreign sales corporations pursuant to the Internal Revenue Code.

HISTORY: 1995 Act No. 76, Section 1.

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