Dalton v. South Carolina Tax Commission

Shaw, Judge:

Taxpayers, Wallace B. and Shirley B. Dalton, sued to recover taxes paid under protest. The trial judge ruled the South Carolina Tax Commission did not have to refund the tax. We affirm.

The issue presented in this appeal is whether interest paid on loans used to purchase real estate rental property out-of-state is deductible from state income.

Because Judge Moore’s order eruditely sets forth and disposes of this issue, we adopt and publish his order, as modified and supplemented, as the view of this court. The modifications and supplements are reflected by either ellipses or…