South Carolina § 12-21-2550 - Tax payable monthly; failure to make correct return or failure to file.
Full text of South Carolina South Carolina Code of Laws § 12-21-2550 — Tax payable monthly; failure to make correct return or failure to file., with citation guidance and answers to common questions.
§ 12-21-2550. Tax payable monthly; failure to make correct return or failure to file.
(A) The license tax imposed by this article is due and payable in monthly installments on or before the twentieth day of each month. A person liable to the tax shall make a true and correct return to the department, in such form as it prescribes, showing the number and prices of admissions during the previous month, and remit the tax with the return.
(B) If a person fails to make a true and correct return or fails to file the return, the department shall make an estimate of the tax liability from the best information available, and issue a proposed assessment for the taxes, including penalties and interest.
HISTORY: 1962 Code SECTION 65-820; 1952 Code SECTION 65-820; 1942 Code SECTION 2531; 1932 Code SECTION 2531; 1928 (35) 1089; 1929 (36) 114; 1932 (37) 1493; 1934 (38) 1577; 1935 (39) 282; 1936 (39) 1377, 1591, 1771; 1938 (40) 1799; 1940 (41) 1921; 1984 Act No. 287; 1998 Act No. 432, SECTION 9; 1999 Act No. 114, SECTION 4.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 12-21-2550
What does South Carolina Code of Laws § 12-21-2550 cover?
Section 12-21-2550 ("Tax payable monthly; failure to make correct return or failure to file.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 12-21-2550?
A common citation format is "South Carolina Code of Laws § 12-21-2550" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 12-21-2550 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.