# Mastercard has never paid corporate income taxes in South Carolina.

*business · news · 2026-05-05 · Bloomberg Tax News*

## Key points

- The South Carolina Court of Appeals is reviewing how to tax Mastercard's business in the state.
- Mastercard claims it owes no corporate income tax in South Carolina due to lack of local presence.
- A 2024 administrative law judge ruled Mastercard owes over $6 million in corporate income taxes.
- A ruling favoring South Carolina could empower other states to pursue taxes from credit card companies.

**Companies:** Mastercard International Inc.
**Countries:** United States

[Read the full story on Bloomberg Tax News](https://news.bloombergtax.com/daily-tax-report/mastercard-case-tees-up-wider-taxation-of-credit-card-companies)

---

Canonical: https://newsio.io/n/7ef44497-cab9-4daa-967b-89c7bea63532/mastercard-has-never-paid-corporate-income-taxes-in-south-carolina-the-company-s
Summarized by Newsio from Bloomberg Tax News. https://newsio.io/how-it-works