Reserved right of taxation

S.C. Code Ann. § 58-15-220, under Title 58, Chapter 15.

S.C. Code Ann. § 58-15-220

The State reserves the right to declare its policy in reference to the method of taxation to be applied to corporations chartered hereunder and to impose upon and collect such license or royalties upon corporations organized hereunder and the business authorized to be conducted as it may deem wise.