{"data":{"id":"us-sc/s.c.-code-ann.-12-6-2300","jurisdiction":"us-sc","citation":"S.C. Code Ann. § 12-6-2300","heading":"Apportionment of United States source income for business incorporated in foreign country.","body":"A business incorporated in a foreign country is required to apportion only United States source income as determined for federal purposes on Form 1120F if elected. No change in the election may be made without permission of the department. Income must be apportioned using rules provided for apportionment in this chapter.","path":["Title 12 - TAXATION","CHAPTER 6 South Carolina Income Tax Act","ARTICLE 17 Allocation and Apportionment"],"source_url":"https://www.scstatehouse.gov/code/t12c006.php","current_through":"2025 Session of the General Assembly","vintage":"","retrieved_at":"2026-09-02T06:34:54Z","sha256":"faeb84fc8eb6e5699c39bb76bae16c176b24e704241dc0c7b2baf725e1c8d39c","source_id":"us-sc","stale":false,"prev":"us-sc/s.c.-code-ann.-12-6-2295","next":"us-sc/s.c.-code-ann.-12-6-2310"},"notice":"GroundRules: Original legal text. Not legal advice."}