South Carolina – Durable Medical Equipment Tax Rate Phase-Out

SALT Report 1922 – The South Carolina Department of Revenue issued a reminder regarding the sales and use tax exemption for durable medical equipment. Act 32 of 2011 provides a phased-out sales and use tax rate on the sale of durable medical equipment and related supplies. Therefore, the rate imposed on the gross proceeds of sales for durable medical equipment and related supplies is as follows:

  • For sales occurring on or after January 1, 2013 – There is no state or local sales and use tax. The exemption under Code Section 12-36-2120(74) is fully implemented.

In addition, the amendment repeals the 5% annual general fund growth rate requirement in Act 99 of 2007.

For Further Information:

South Carolina – 2012 Sales and Use Tax Legislative Changes Page 3