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 #21-7 

    South Carolina Department of Revenue (South Carolina State Library, 2021-03-31)
    On March 17 and 29, 2021, the Internal Revenue Service announced special individual income tax filing and payment relief for Form 1040 filers affected by the ongoing COVID-19 pandemic. In response to the tax relief ...
  • SC information letter #21-6 

    South Carolina Department of Revenue (South Carolina State Library, 2021-05-01)
    Attached are three charts that provide guidance concerning the various types of local sales and use taxes collected by the Department and the types of exemptions allowed under each tax. These charts only address the general ...
  • SC information letter #21-5 

    South Carolina Department of Revenue (South Carolina State Library, 2021-03-03)
    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 revenue ruling #21-5 

    South Carolina Department of Revenue (South Carolina State Library, 2021-03-01)
    The purpose of this advisory opinion is to provide an overview of the federal low-income housing tax credit (federal credit) and the new South Carolina housing tax credit (credit), and to address general questions about ...
  • SC revenue ruling #21-4 

    South Carolina Department of Revenue (South Carolina State Library, 2021-02-10)
    The purpose of a Revenue Ruling is to provide guidance to the public. It is an advisory opinion issued to apply principles of tax law to a set of facts or general category of taxpayers. It is the Department’s position until ...
  • SC revenue ruling 21-3 

    South Carolina Department of Revenue (South Carolina State Library, 2021-02-01)
    The purpose of this advisory opinion is to provide guidance to individuals on permitted filing statuses in light of the 2019 South Carolina Supreme Court decision to abolish the ability of couples to enter into common-law ...
  • SC information letter #21-4 

    South Carolina Department of Revenue (South Carolina State Library, 2021-02-12)
    Internal Revenue Code Section 32 provides for a refundable earned income credit. To claim the earned income credit, a taxpayer must have qualifying "earned income" and meet certain adjusted gross income limits for the ...
  • SC revenue ruling #21-2 

    South Carolina Department of Revenue (South Carolina State Library, 2021-01-26)
    For tax years beginning after 2017, there is no South Carolina business interest tax limitation and no carryforward. Any interest expense that cannot be deducted against income in the year incurred may create a South ...
  • SC revenue ruling #21-1 

    South Carolina Department of Revenue (South Carolina State Library, 2021-01-21)
    The purpose of this advisory opinion is to provide an overview of the federal low-income housing tax credit (federal credit) and the new South Carolina housing tax credit (credit), and to address general questions about ...
  • SC information letter #21-3 

    South Carolina Department of Revenue (South Carolina State Library, 2021-01-20)
    The Department is announcing that the simplified refund procedure set forth in SC Information Letter #20-18 has been extended and will apply to admissions tax refunds to ticketholders for events scheduled from March 31, ...
  • SC information letter #21-2 

    South Carolina Department of Revenue (South Carolina State Library, 2021-01-19)
    This is a citator that provides assistance in determining what effect new advisory opinions have on those previously published.
  • SC information letter #21-1 

    South Carolina Department of Revenue (South Carolina State Library, 2021-01-19)
    An index of South Carolina advisory opinions issued by the Department from 1987 through December 31, 2020 is attached.
  • SC information letter #20-35 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-23)
    On June 24, 2020, the Department issued SC Revenue Ruling #20-3, “Buydowns – Tobacco Company Payments to Retailers,” effective for retail sales occurring on or after January 1, 2021. The purpose of this Information Letter ...
  • SC information letter #20-34 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-16)
    On March 27, 2020 Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the COVID-19 pandemic. As part of the relief provided, up to a $300 federal income tax deduction is allowed ...
  • SC information letter #20-33 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-16)
    The job tax credit, the tax moratorium, and the reduction in the minimum required fee in lieu of property tax investment are dependent, in part, on per capita income and unemployment rate data received from the South ...
  • SC information letter #20-32 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-16)
    This gives the per capita income figures for South Carolina and South Carolina counties.
  • SC information letter #20-31 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-15)
    This is an overview of the 2020 legislative session with regards to taxation legislation.
  • SC information letter #20-30 

    South Carolina Department of Revenue (South Carolina State Library, 2020-12-03)
    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 #20-29 

    South Carolina Department of Revenue (South Carolina State Library, 2020-11-30)
    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 ...
  • SC information letter #20-28 

    South Carolina Department of Revenue (South Carolina State Library, 2020-11-02)
    On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) in response to the COVID-19 pandemic. As part of the relief provided, the Paycheck Protection Program (PPP) was established ...

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