Bill 2920

                    Current Status

Bill Number:               2920
Ratification Number:       305
Act Number:                287
Introducing Body:          House
Subject:                   Relating to the admissions tax

(A287, R305, H2920)

AN ACT TO AMEND SECTION 12-21-2550, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ADMISSIONS TAX, SO AS TO CHANGE THE DUE DATE FOR PAYMENT OF THE TAX.

Be it enacted by the General Assembly of the State of South Carolina:

Admissions tax, payment date

SECTION 1. Section 12-21-2550 of the 1976 Code is amended to read:

"Section 12-21-2550. The license tax imposed by this article is due and payable in monthly installments on or before the twentieth day of each month and every person liable to the tax shall on or before the twentieth day of each month make a true and correct return to the Commission in such form as it may prescribe, showing the number and prices of admissions during the previous month, and remit the tax therewith. In case of failure to make a true and correct return or failure to file the return the Commission shall make a return upon such information as it may be able to obtain, assess the tax due thereon, and add a penalty of ten percent, whereupon the Commission shall mail notice to the taxpayer and, in case of failure to pay the tax within ten days after the mailing of any such notice, the Commission shall add an additional penalty of ten percent. Execution must be issued in the manner and with the force provided in Sections 12-21-3020 and 12-21-3040."

Time effective

SECTION 2. This act, upon approval by the Governor, shall take effect January 1, 1984.