Now showing items 1-20 of 115

    • SC revenue ruling #20-3 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-25)
      This revenue ruling discusses buydowns - tobacco company payments to retailers (sales tax).
    • SC revenue ruling #20-2 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-12)
      The purpose of this advisory opinion is to provide general guidance and examples regarding the credit and the deduction provisions. For reference, tables are provided for each type of preceptor that lists the maximum five ...
    • SC information letter #20-17 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-29)
      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 information letter #20-16 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-26)
      The Internal Revenue Service has provided special tax filing and payment relief to victims of tornados, severe storms and flooding that took place in parts of South Carolina, Mississippi and Tennessee in April of 2020. ...
    • SC information letter #20-15 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-12)
      Due to unprecedented closings of businesses during the Coronavirus (COVID-19) pandemic, the number of individuals applying for unemployment benefits has significantly increased since March 2020. The purpose of this Information ...
    • SC information letter #20-14 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-11)
      This information letter discusses Future Scholar, South Carolina's 529 College Savings Plan - qualifying expenses for tuition in kindergarten through grade 12 public, private, or religious schools.
    • SC information letter #20-13 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-11)
      On March 27, 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)1 in response to the COVID-19 pandemic. As part of the relief provided, the Internal Revenue Service (IRS) is issuing an ...
    • SC information letter #20-12 

      South Carolina Department of Revenue (South Carolina State Library, 2020-06-10)
      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 #20-8 

      South Carolina Department of Revenue (South Carolina State Library, 2020-04-13)
      On April 9, 2020, the Internal Revenue Service issued Notice 2020-23 to provide additional tax filing and payment relief to those affected by Coronavirus (COVID-19).
    • SC information letter #20-7 

      South Carolina Department of Revenue (South Carolina State Library, 2020-04-06)
      This is a citator of advisory opinions issued by the Department from 1987 through March 31, 2020. This citator provides assistance in determining what effect new advisory opinions have on those previously published
    • SC information letter #20-4 

      South Carolina Department of Revenue (South Carolina State Library, 2020-03-23)
      As directed by Governor Henry McMaster, the Department is conforming South Carolina's income tax deadline to July 15, 2020, the new Federal income tax deadline. Accordingly, the Department is extending tax relief for South ...
    • SC revenue ruling #19-11 

      South Carolina Department of Revenue (South Carolina State Library, 2019-01-01)
      The purpose of this advisory opinion is to provide guidance regarding the credit amount available to taxpayers in a Tier III or Tier IV county who first create qualifying jobs in 2019 and who are beginning a credit period ...
    • SC information letter #19-29 

      South Carolina Department of Revenue (South Carolina State Library, 2019-12-11)
      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 #19-28 

      South Carolina Department of Revenue (South Carolina State Library, 2019-12-09)
      The interest rate to be applied to underpayments and overpayments of taxes is listed.
    • SC information letter #19-26 

      South Carolina Department of Revenue (South Carolina State Library, 2019-10-21)
      A citator of advisory opinions issued by the Department from 1987 through September 2019 is available. Attached is a citator that provides assistance in determining what effect new advisory opinions have on those previously ...
    • SC information letter #19-25 

      South Carolina Department of Revenue (South Carolina State Library, 2019-10-21)
      This is a citator of advisory opinions issued by the Department from 1987 through September 30, 2019. This citator provides assistance in determining what effect new advisory opinions have on those previously published.
    • SC information letter #19-24 

      South Carolina Department of Revenue (South Carolina State Library, 2019-10-08)
      During the 2019 legislative session, the General Assembly enacted proviso 118.15 (Act No. 91) to provide a $50 rebate to individual taxpayers due to increased income tax revenue for fiscal year 2018. The purpose of this ...
    • SC revenue ruling #19-8 

      South Carolina Department of Revenue (South Carolina State Library, 2019-09-16)
      SC Revenue Ruling #03-1 addressed whether the Universal Service Fund Surcharge billed by the telephone providers to their customers were part of the gross proceeds of the charges for communication services and subject to ...
    • SC revenue ruling #19-7 

      South Carolina Department of rev (South Carolina State Library, 2019-09-16)
      The advisory opinion concerns the application of the sales and use tax to sales of tangible personal property and sleeping accommodations to federal, state and local government employees, foreign diplomats, federal credit ...
    • SC information letter #19-23 

      South Carolina Department of Revenue (South Carolina State Library, 2019-09-10)
      This is a brief summary of most of the significant changes in tax and regulatory laws enacted during the past legislative session. The summary is divided into categories, by subject matter