The Department of Revenue publishes advisory opinions, written statements issued to the public to announce general information useful in complying with the laws administered by the agency. This collection includes information letters, private letter rulings, private revenue opinions, revenue procedures, and revenue rulings.

Recent Submissions

  • SC information letter #21-23 

    South Carolina Department of Revenue (South Carolina State Library, 2021-08-26)
    The interest rate to be applied to underpayments and overpayments of taxes is listed here. The rate is compounded daily except simple interest applies to the underpayment of declaration of estimated tax.
  • SC information letter #21-22 

    South Carolina Department of Revenue (South Carolina State Library, 2021-08-25)
    On May 15, 2020 the Department issued SC Information Letter #20-11 to announce temporary relief regarding a business's establishment of nexus (income and sales) solely because an employee is temporarily working in a different ...
  • SC information letter #21-17 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-22)
    Code Section 12-36-2120(57) provides for an annual three-day (72-hour) sales tax holiday for eligible sales taking place the first Friday in August through midnight the following Sunday night. This year, the sales tax ...
  • SC revenue ruling #21-11 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-22)
    The purpose of this advisory opinion is to remind individual taxpayers of the tax deduction available for establishing a catastrophe savings account and the tax consequences of withdrawals.
  • SC revenue ruling #21-9 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-16)
    The purpose of this advisory opinion is to provide guidance to beekeepers regarding common exemptions and exclusions available for purchases they make and to provide information about exemption certificates that may be ...
  • SC revenue ruling #21-8 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-10)
    This ruling concerns the tax implications of sales of an airplane or boat in South Carolina when a seller comes to South Carolina for the sole purpose of making a onetime retail sale of an airplane or boat.
  • SC information letter #21-21 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-30)
    This is an index of advisory opinions issued by the Department of Revenue from 1987 through June 30, 2021.
  • SC information letter #21-19 

    Unknown author (South Carolina State Library, 2021-06-28)
    The interest rate to be applied to underpayments and overpayments of taxes is listed here.
  • SC information letter #21-18 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-24)
    Regulation 7-702.5 allowing for beer and wine to be sold to anyone in a motor vehicle is no longer valid.
  • SC information letter #21-16 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-03)
    The purpose of this Information Letter is to inform taxpayers that the amount of income tax1 credits available for making investments in, or donations to, community development corporations or community development financial ...
  • SC revenue procedure #21-15 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-02)
    The purpose of this Information Letter is to inform individual taxpayers who are in the process of filing their original or amended South Carolina individual income tax returns for tax year 2020 of South Carolina’s ...
  • SC revenue procedure #21-1 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-24)
    The purpose of this advisory opinion is to provide guidance in determining who can apply for a sales tax refund or use tax refund - the retailer or the purchaser, and to set forth he process for filing the claim.
  • SC revenue ruling #21-7 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-10)
    The purpose of this advisory opinion is to provide guidance to persons filing a sales and use tax return regarding the discount provided in Code Section 12-36-2610 for timely filing and paying the sales and use taxes due.
  • SC private letter ruling #21-1 

    South Carolina Department of Revenue (South Carolina State Library, 2021-06-08)
    A Private Letter Ruling is an advisory opinion issued to a specific taxpayer by the Department to apply principles of law to a specific set of facts or a particular tax situation. It is the Department’s opinion limited to ...
  • SC revenue ruling #21-6 

    South Carolina Department of Revenue (South Carolina State Library, 2021-04-14)
    Sales of honey bees are exempt from the sales and use tax as “livestock” under Code Section 12-36-2120(4).
  • SC information letter #21-14 

    South Carolina Department of Revenue (South Carolina State Library, 2021-05-26)
    The purpose of this Information Letter is to inform taxpayers of South Carolina’s adoption of the federal suspension of tax on a portion of unemployment compensation for tax year 2020.
  • SC information letter #21-13 

    South Carolina Department of Revenue (South Carolina State Library, 2021-05-19)
    The purpose of this Information Letter is to inform taxpayers that the abandoned building revitalization credit has been extended and to remind taxpayers and tax professionals of the Department’s published advisory opinions ...
  • SC information letter #21-12 

    South Carolina Department of Revenue (South Carolina State Library, 2021-04-21)
    This revenue ruling discusses buydowns - tobacco company payments to retailers (sales tax).
  • SC information letter #21-11 

    South Carolina Department of Revenue (South Carolina State Library, 2021-04-09)
    The county per capita income figures are generally published in November. The state figures are generally published in March and September. In order to aid taxpayers in determining whether the per capita income requirements ...
  • SC information letter #21-10 

    South Carolina Department of Revenue (South Carolina State Library, 2021-04-08)
    This is an index of advisory opinions issued by the Department of Revenue from 1987 through March 31, 2021.

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