South Carolina S0234 amends state income tax law to exclude tips from gross income computation.
South Carolina S0234 amends the state income tax law by modifying the computation of gross income to exclude tips. Tips, defined as discretionary payments from customers, will not be included in the calculation of South Carolina gross income. This change takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
Analyze for Free
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.