South Carolina § 12-6-2240 - Apportionment of all income remaining after allocation.

Full text of South Carolina South Carolina Code of Laws § 12-6-2240 — Apportionment of all income remaining after allocation., with citation guidance and answers to common questions.

§ 12-6-2240. Apportionment of all income remaining after allocation.

All income remaining after allocation pursuant to Sections 12-6-2220 and 12-6-2230 is apportioned in accordance with Section 12-6-2252, or one of the special apportionment formulas provided in Sections 12-6-2290 through 12-6-2310.

HISTORY: 1995 Act No. 76, SECTION 1; 2007 Act No. 110, SECTION 55.B, eff June 21, 2007, effective for tax years after 2010; 2007 Act No. 116, SECTION 60.E, eff June 28, 2007, effective for tax years after 2010.

Editor's Note

2007 Act No. 110, SECTION 55.E and 2007 Act No. 116, SECTION 60.B provide as follows:

"This section takes effect for tax years after 2010."

Source: official South Carolina text · Last verified 2026-08-27

Frequently Asked Questions About South Carolina § 12-6-2240

What does South Carolina Code of Laws § 12-6-2240 cover?

Section 12-6-2240 ("Apportionment of all income remaining after allocation.") 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 § 12-6-2240?

A common citation format is "South Carolina Code of Laws § 12-6-2240" (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 § 12-6-2240 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.