Terms Used In South Carolina Code 12-55-40

  • Overdue tax debt: means any part of a tax debt that remains unpaid one hundred twenty days or more after the taxpayer receives notice as defined in § 12-55-30(A)(2). See South Carolina Code 12-55-30
  • Tax debt: means the total amount of tax, fees, penalties, interest, and costs for which notice has been issued by the department to the taxpayer. See South Carolina Code 12-55-30
A collection assistance fee may be imposed on an overdue tax debt. To impose a collection assistance fee on a tax debt, the department shall notify the taxpayer that the collection assistance fee may be imposed if the tax debt becomes overdue tax debt.