Understanding Resident Individuals in South Carolina's Income Tax Law

As part of the South Carolina Income Tax Act, it is essential to understand who falls under the category of resident individuals. According to the law, a 'resident individual' refers to an individual who has established their domicile in this State. This means that anyone living within the state is considered a resident individual for tax purposes.

On the other hand, a 'nonresident individual' is defined as someone who is not a resident individual or a part-year resident. Nonresident individuals are subject to taxation on income earned within the state, but they do not have the same residency requirements as those living in South Carolina.

The term 'taxpayer' encompasses a broad range of entities, including individuals, trusts, estates, partnerships, associations, companies, corporations, and any other entity required to file a return or pay taxes under this chapter. The law explicitly states that these rules and regulations have the force of law, providing clear guidelines for taxpayers.

The South Carolina Department of Revenue is responsible for administering and enforcing the taxes imposed by this chapter. They shall make and publish rules and regulations necessary to enforce the provisions of the income tax act, as long as they are not inconsistent with the chapter itself.

In addition, the department shall adopt definitions used in this chapter that align with those provided by the Internal Revenue Code, unless otherwise required by the context. This ensures consistency between federal and state tax laws.

The South Carolina Income Tax Act may be cited as such, reflecting its importance in governing income tax regulations within the state. By understanding who falls under the category of resident individuals, taxpayers can better navigate their obligations and ensure compliance with the law.

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