South Carolina – Out-Of-State Retailers Pay Almost $64 Million For Sales Tax

An estimated 3,800 out-of-state retailers have paid almost $64 million in sales taxes to South Carolina since the U.S. Supreme Court ruled they could be required to pay, the state Department of Revenue reported.

A June 2018 high court ruling found those businesses could be required to collect sales taxes on purchases.

Since Nov. 1, 2018, any retailer making $100,000 or more in sales to state residents has been required to obtain an S.C. business license and collect the 6 percent tax, plus any county-specific taxes that apply based on the buyer’s residence.

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The post and courier
by Mike fitts
november 20, 2019