§ 12-20-10

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. HISTORY: 1995 Act No. 76, Section 3.