SC revenue ruling #16-2
Data(s) |
24/05/2016
24/05/2016
07/04/2016
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Resumo |
The purpose of this advisory opinion is to update SC Revenue Ruling #91-15 concerning interest exempt from South Carolina income taxes. This advisory opinion provides a discussion of the types of interest exempt from South Carolina income taxes,1 the taxability of exempt interest when distributed as a dividend from a mutual fund, and Section 265 of the Internal Revenue Code which disallows a deduction for expenses allocable to tax-exempt income. This document also provides examples of tax-exempt obligations and obligations which are not tax-exempt for South Carolina income tax purposes. |
Formato |
application/pdf Document |
Identificador | |
Idioma(s) |
English |
Publicador |
South Carolina State Library |
Relação |
South Carolina State Documents Depository |
Direitos |
Public Domain This is a government document; please see the rights statement available here: http://www.statelibrary.sc.gov/statement-of-rights. |
Palavras-Chave | #South Carolina Department of Revenue--Periodicals #Tax exemption--South Carolina #Income tax--South Carolina |
Tipo |
Text |