Mastercard’s network, which allows cardholders to buy goods and services and withdraw money, is its income-producing activity, occurs within South Carolina, and thus obligates the company to pay about $7.7 million in taxes, fees and interest, a state administrative law judge ruled in a decision posted Tuesday.
Mastercard Owes $7.7M In SC Income Tax Case, ALJ Rules
by usoftax_admin | Jun 4, 2024 | Tax News