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Mastercard Owes South Carolina Tax on Card Swipes in State – KnowGov

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Mastercard Owes South Carolina Tax on Card Swipes in State

Mastercard International Inc. can’t escape a corporate income tax bill of more than $6 million after the South Carolina Court of Appeals ruled that its taxable activity is facilitating transactions between merchants and customers in the state.

Sources (1)· Oct 21, 2:47 PM

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Bloomberg Tax News· Oct 21, 2:47 PMMastercard Owes South Carolina Tax on Card Swipes in State

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