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South Carolina Department of Revenue
Corporate Tax
POC: Corporate Income Tax

Columbia, SC 29214-0025

Phone: 803-898-5000
Fax: 803-896-1682
Email:CorpTax@dor.sc.gov

Summary:

Electric Cooperatives are not subject to income tax, but rather a license fee that consists of two components. The fair market value of property owned and used in the conduct of business in South Carolina times .1% plus .3% of gross receipts derived from services rendered from regulated business within South Carolina during the preceding tax year. The license fee cannot be less than $25. The license fee is reported on Form CL-4 .

Mailing Address:

​Electric Cooperative Return:CDP or Tentative:
​​South Carolina Department of Revenue 
Corporate 
Columbia, SC 29214-0100
​South Carolina Department of Revenue 
Corporate

Columbia, SC 29214-0006
 
 

Due Dates:

   File annually on or before the 15th day of the fourth month after the close of the taxable year except for the initial and/or final return.

  Tentative Corporate Tax Return (SC1120-T) is due for all corporate taxable entities except the eleemosynary on or before the 15th day of the fourth month after the close of the taxable year.