S.C. Code Regs. § § 117-700.1

Current through Register Vol. 48, 12, December 27, 2024

Section 117-700.1 - Definition of Related Expense as Used for Allocation

The term "related expenses" as used in Section 12-6-2220 means any cost incurred, directly or indirectly, in connection with investments for the production of income or future income which is or will be specifically and directly allocable under this section or costs incurred in the acquisition, sale or exchange of real, tangible or intangible property.

S.C. Code Regs. § 117-700.1

Added by State Register Volume 27, Issue No. 6, Part 2, eff June 27, 2003.