La Compagnie C'est Moi: SC Supreme Court Confirms 4% Property Tax Ratio Available to Single-Member LLC

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The South Carolina Supreme Court recently considered the application of S.C. Code Ann. Section 12-43-220(C) to single-member limited liability companies (LLCs), and held that the 4% legal residence property tax ratio is available to those entities as long as the LLC is not taxed as a corporation.

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