§ 12-37-2410 Definitions
§ 12-37-2420 Required tax returns
§ 12-37-2430 Valuation of aircraft
§ 12-37-2440 Ratios for valuation of aircraft
§ 12-37-2450 Tax levy
§ 12-37-2460 Disposition of tax proceeds
§ 12-37-2470 Penalty for failure to file return or to pay tax
§ 12-37-2490 Effect of other ad valorem taxes upon aircraft of airline companies

Terms Used In South Carolina Code > Title 12 > Chapter 37 > Article 19 - Aircraft

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Aircraft: means any contrivance, used or designed for navigation or flight through the air. See South Carolina Code 12-37-2410
  • Airline company: means any person who undertakes, directly or indirectly, to engage in the regularly scheduled transportation by aircraft of persons or property for hire in interstate, intrastate or international transportation. See South Carolina Code 12-37-2410
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Department: means the South Carolina Department of Revenue. See South Carolina Code 12-37-2410
  • Executor: A male person named in a will to carry out the decedent
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • individual: means a human being. See South Carolina Code 12-2-20
  • Oath: A promise to tell the truth.
  • Person: means any individual, corporation, firm, partnership, company or association, and includes a guardian, trustee, executor, administrator, receiver, conservator or any person acting in a fiduciary capacity therefor. See South Carolina Code 12-37-2410
  • Plaintiff: The person who files the complaint in a civil lawsuit.
  • property: as used in this Title , includes both real and personal property. See South Carolina Code 15-1-50
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.