South Carolina H4216 imposes an income tax on individuals, estates, and trusts for taxable years beginning after 2021.

South Carolina H4216 imposes an income tax on individuals, estates, and trusts for taxable years beginning after 2021. The tax applies to entities except those taxed or exempted under Sections 12-6-530 through 12-6-550. This bill amends the state's tax code to include a new tax on South Carolina taxable income, affecting all eligible entities.

South Carolina H4216 imposes an income tax on individuals, estates, and trusts for taxable years beginning after 2021.

South Carolina H4216 imposes an income tax on individuals, estates, and trusts for taxable years beginning after 2021. The tax applies to entities except those taxed or exempted under Sections 12-6-530 through 12-6-550. This bill amends the state's tax code to include a new tax on South Carolina taxable income, affecting all eligible entities.