Home > South Carolina Tax Revenue - T41 - Corporation net income taxes - Q3 2011

Tax Type State Variables Year Quarter

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T41 - Corporation net income taxes - South Carolina (1994 - 2011) (Thousands of US$)
Year Quarter Value
1994 Q1 1994 $62,622
1994 Q2 1994 $60,377
1994 Q3 1994 $50,997
1994 Q4 1994 $59,231
1995 Q1 1995 $68,439
1995 Q2 1995 $71,546
1995 Q3 1995 $62,590
1995 Q4 1995 $51,380
1996 Q1 1996 $62,523
1996 Q2 1996 $74,373
1996 Q3 1996 $64,041
1996 Q4 1996 $45,624
1997 Q1 1997 $47,417
1997 Q2 1997 $82,268
1997 Q3 1997 $54,647
1997 Q4 1997 $43,215
1998 Q1 1998 $51,254
1998 Q2 1998 $64,506
1998 Q3 1998 $55,369
1998 Q4 1998 $33,577
1999 Q1 1999 $81,083
1999 Q2 1999 $61,792
1999 Q3 1999 $53,727
1999 Q4 1999 $60,820
2000 Q1 2000 $47,934
2000 Q2 2000 $64,680
2000 Q3 2000 $22,635
2000 Q4 2000 $55,492
2001 Q1 2001 $55,626
2001 Q2 2001 $58,317
2001 Q3 2001 $44,271
2001 Q4 2001 $50,005
2002 Q1 2002 $13,513
2002 Q2 2002 $109,538
2002 Q3 2002 $24,489
2002 Q4 2002 $15,598
2003 Q1 2003 $35,074
2003 Q2 2003 $98,725
2003 Q3 2003 $23,740
2003 Q4 2003 $38,599
2004 Q1 2004 $53,614
2004 Q2 2004 $80,556
2004 Q3 2004 $20,056
2004 Q4 2004 $59,063
2005 Q1 2005 $66,935
2005 Q2 2005 $93,623
2005 Q3 2005 $47,044
2005 Q4 2005 $51,853
2006 Q1 2006 $79,204
2006 Q2 2006 $140,452
2006 Q3 2006 $41,758
2006 Q4 2006 $57,345
2007 Q1 2007 $99,346
2007 Q2 2007 $113,453
2007 Q3 2007 $27,993
2007 Q4 2007 $82,684
2008 Q1 2008 $70,459
2008 Q2 2008 $124,710
2008 Q3 2008 $8,181
2008 Q4 2008 $24,780
2009 Q1 2009 $105,641
2009 Q2 2009 $80,883
2009 Q3 2009 $25,377
2009 Q4 2009 ($22,990)
2010 Q1 2010 $55,892
2010 Q2 2010 $70,372
2010 Q3 2010 $24,188
2010 Q4 2010 $17,628
2011 Q1 2011 $91,322
2011 Q2 2011 $75,668
2011 Q3 2011 $34,899

Code: T41 Corporation Net Income Taxes

Definition: Taxes on corporations and unincorporated businesses (when taxed separately from individual income), measured by net income, whether on corporations in general or on specific kinds of corporations, such as financial institutions.

Excludes: Income taxes on gross income or receipts of corporations (report at Sales and Gross Receipts Taxes, codes T09 - T19) and combined corporation and individual income taxes not separable by type in older, historical data (report at Individual Income Taxes, code T40).

Examples: State governments - Michigan's VAT tax (Single Business Tax) is classified here.

Special Consideration:  Although such taxes may be called "license" or "franchise taxes," they are classified here if measured by net income.

Category: Income Taxes

Category Description: Taxes levied on the gross income of individuals or on the net income of corporations and businesses (i.e., after allowable deductions).

Deduct refunds of taxes from gross collections even if they were recorded as tax revenue in a previous fiscal year.

Source: U.S. Census Bureau

Note: Not all states report all tax types. If the amount is zero for all time, then it is likely that the state does not report or collect the chosen tax type.